US Federal Reserve Powell Rate Cut (CR)
Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
By US NETWORK POOL
Published - Nov 07, 2024, 03:53 PM ET
Last Updated - Dec 16, 2024, 05:35 PM EST
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
