Home » Regulation » Federal Reserve announces 25 basis point interest rate cut
Central bank moves to lower borrowing costs amid economic uncertainty.
Key Takeaways
The Federal Reserve has cut interest rates by 25 basis points (0.25%).
This move lowers the federal funds rate by a quarter percentage point from its previous level.
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The Federal Reserve cut interest rates by 25 basis points today.The central bank’s decision reduces the federal funds rate by a quarter percentage point from its previous level.
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