BREAKING: Fed Cuts Interest Rates by Half a Point, Markets React
The Federal Reserve took aggressive action Wednesday and lowered interest rates by a full half a percentage point. The stock market reacted positively to the move, with the DOW up around 148 points as of this writing (and up higher than that in the moments after when the move was announced).
Source: https://redstate.com/bobhoge/2024/09/18/breaking-fed-cuts-interest-rates-by-half-a-point-markets-react-n2179486
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