Federal Reserve signals end to inflation fight with a sizable half-point rate cut
September 18, 2024--Key points
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The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026.
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers. |
American Century Investments Announces Change to ETF LineupSeptember 11, 2024--- American Century Investments today announces plans to close and liquidate American Century Emerging Markets Bond ETF (AEMB). |