ChainCatcher News: The Federal Reserve concludes its 2024 annual interest rate decision, deciding to lower the benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third consecutive rate cut, which is in line with expectations.

In this year's eight decisions, the Federal Reserve has cumulatively cut rates by 100 basis points, including one 50 basis point cut, two 25 basis point cuts, and has maintained rates unchanged on five occasions. (Jin Shi)