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Top Valora Analitik News
Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
51% Center coverage: 339 sources
Jerome Powell · United StatesThe long-awaited resumption in the Fed’s interest rate cuts occurred, as the central bank weighed the risk associated with a decelerating labor market and accelerating inflation and determined that the job market was the bigger risk to the overall economy.See the Story
Jill On Money: Fed Cuts as Prices Rise and Economy Slows
59% Center coverage: 67 sources
