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Central banking

Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says

U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024.Mandel Ngan | AFP | Getty ImagesThe Federal...

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a...

What a Fed rate cut could mean for the world

The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the Covid-19 pandemic — and despite...

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