Fed Takes Aggressive Rate Cut Approach: Now What?
September 19, 2024 at 08:00 AM EDT
The Federal Reserve cut interest rates by 0.50% today as it continues to aim for a soft-landing scenario. The interest rate cut is the first in the Fed’s historic fight against inflation that’s lasted over two years. The vote for the half-point cut was almost a unanimous one, with 11 of the 12 Fed officials [...] The post Fed Takes Aggressive Rate Cut Approach: Now What? appeared first on ETF Trends .
