According to Odaily, the Federal Reserve has initiated a rate cut cycle, reducing the federal funds rate by 50 basis points to a range of 4.75% to 5.00%. This marks the first rate cut since March 2020.
LIVE
According to Odaily, the Federal Reserve has initiated a rate cut cycle, reducing the federal funds rate by 50 basis points to a range of 4.75% to 5.00%. This marks the first rate cut since March 2020.