Takeaways: If you’re confused about what’s next for the US economy, so is the Fed
Mihaela Păun
Federal agencies Interest rates Investing Job market See all topics Facebook Tweet Email Link Link Copied! Follow Washington — The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market . However, the economy’s path forward looks murky, according to the central bank’s leader. The Fed cut its benchmark lending rate by a quarter point to a new range of 4% to 4.25%. It’s the first rate cut of President Donald Trump’s
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