U.S. Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

The Federal Reserve signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.

Dec 19, 2024 - 15:30
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U.S. Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
The Federal Reserve signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.

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