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.
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Coverage Details
Total News Sources0
Leaning Left41Leaning Right32Center62Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 30%
C 46%
R 24%
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