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Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut

September 19, 2024 US onAir Curator

CNN

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.

  • Powell doesn’t think the Fed is playing catch-up
  • Powell thinks the economy is in good shape
  • The Fed chief addresses the political optics — again

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