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Federal Reserve Cuts Interest Rates by 100 Basis Points

The Federal Reserve slashes interest rates by 100 basis points to 4.25%-4.5% to combat inflation. Learn how this move impacts the economy and your finances.

A polished and professional illustration of a graph showing a downward trend with the Federal Reserv
Federal Reserve Cuts Interest Rates by 100 Basis Points

The Federal Reserve has reduced the federal funds rate by 100 basis points to a range of 4.25% to 4.5%, aiming to lower inflation.

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