Holiday Sale | Save 50%
SubscribeLogin
Holiday Sale | Save 50%
Published

Federal Reserve slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

  • The Federal Reserve has cut its benchmark interest rate by half a percentage point, the first reduction in four years, indicating a shift in economic policies.
  • The new interest rate is now between 4.75% and 5% amid concerns that the U.S. Economy may be weakening.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 46% of the sources are Center
46% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Jerome PowellJerome Powell
BusinessBusiness
US EconomyUS Economy
Federal ReserveFederal Reserve
EconomyEconomy
InflationInflation
Stock MarketsStock Markets
Trending Topics
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal