The US Federal Reserve's decision on September 18, 2024 was to cut interest rates by 50 basis points, bringing the new range to between 4.75% and 5.00%. This cut is the first in four years, after eight consecutive meetings in which the Fed kept interest rates high. The main reason for this cut is to support the US economy, especially with signs of a slowdown in the labor market and stabilization of inflation at levels close to the Fed's target of 2%$SOL $BTC $ETH