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The Fed Rate Cut Is Here: Why Now Is a Make-or-Break Moment | WSJ
Published : 18-09-2024 - Duration : 00:05:45 - Like : 8,032
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The Federal Reserve reduced its benchmark interest rate for the first time since 2020, a key shift in its fight against inflation as concerns center around the labor market. While prices have cooled, an uptick in unemployment has reignited warnings of a recession. Regardless of the Fed’s decision about rate cuts, a lot remains at stake for the ec...
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