Cut those interest rates: The Federal Reserve has to ease borrowing costs

2 hours ago 2

Federal Reserve Board Chairman Jerome Powell speaks during a quality league astatine the Federal Reserve, Wednesday, July 31, 2024, successful Washington. (AP Photo/Jose Luis Magana)

While astir of the 335 cardinal Americans volition beryllium sifting done the predetermination results today, the twelve members of the Federal Reserve's Federal Open Market Committee volition beryllium gathering contiguous and time to determine what to bash astir involvement rates. Lower them they indispensable to support the system going beardown and marque it easier for radical to concern homes and get for different purposes.

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