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The Federal Reserve cut interest rates by half a percentage point in a larger-than-usual reduction, which doesn't mean the economy is significantly slowing according to Fed Chair Jerome Powell https://t.co/T4Uc4WYQyX pic.twitter.com/u5IgG4IRYF
— Reuters Business (@ReutersBiz) September 19, 2024
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BREAKING: The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.
— The Kobeissi Letter (@KobeissiLetter) September 18, 2024
This officially marks the most surprising Fed decision since 2009. pic.twitter.com/j83SrtnllH
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Here's what gave the Fed the room to move: The US beat inflation faster and more completely than other G7 country, and we did so while continuing to grow the economy. pic.twitter.com/IvlpobhhrO
— Justin Wolfers (@JustinWolfers) September 18, 2024
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The Federal Reserve manages interest rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks in the world.
— CNBC (@CNBC) September 18, 2024
Find more on how Fed rate cuts affect the global economy: https://t.co/4qja2QVmdK pic.twitter.com/4fTdGWh0p6
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