LIVE: Fed cuts rates by half a percentage point, cites 'greater confidence' on inflation

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Reuters

Reuters

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US Federal Reserve Chair Jerome Powell speaks after the Fed cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market
#Live #Fed #FederalReserve #CentralBank#JeromePowell #JayPowell #Powell #economy #inflation #InterestRates #rates #RateCut #FOMC #markets #stocks #usa #US #finance #business #election2024 #news #politics #Reuters
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