The Federal Reserve's 2024 interest rate decision has ended. In line with expectations, the Bank decided to reduce the benchmark interest rate by 25 basis points to the range of 4.25%-4.50%. With eight decisions taken this year, the Fed reduced interest rates by a total of 100 basis points, one of which was 50 basis points and two of which were 25 basis points, and left interest rates unchanged for the other five times.

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