In a bold move today, the Federal Reserve has cut interest rates by 25 basis points, bringing the federal funds rate to 4.5%! This marks the third consecutive rate cut since September’s 50-basis-point reduction. 🔥
The decision, widely anticipated by the market, signals the Fed's continued commitment to balancing economic growth with inflation control. Will this lead to a surge in borrowing and spending, or is there more to the story? 💥