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Fed’s Major Rate Cut Could Boost Harris’ Momentum
Podcast |
Cuomo Prime Time
Publisher |
CNN
Media Type |
audio
Podknife tags |
Interview
News & Politics
USA
Categories Via RSS |
News
Publication Date |
Sep 19, 2024
Episode Duration |
00:48:48
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for more than a year. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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