5don MSN
Federal Reserve lowers its benchmark interest rate by 0.25 percentage points in third straight cut
The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
The Chosun Ilbo on MSN
Fed officials split on inflation, rate path amid economic uncertainty
The U.S. Federal Reserve, which sets monetary policy, lowered the benchmark interest rate by 0.25 percentage points on the ...
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