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Published 23:39 IST, September 18th 2024
Fed cuts rates by 50 basis points, cites 'greater confidence' on inflation
Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025.
Federal Reserve Chair Jerome Powell | Image:
Reuters
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23:39 IST, September 18th 2024