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Fed cuts interest rates in final stretch of 2024 race

Posted on 18 September 2024 By No Comments on Fed cuts interest rates in final stretch of 2024 race

The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News’ Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.

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