Fed cuts by a quarter point, indicates fewer reductions ahead 12/18/24
Dec 18, 2024•28 min
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Episode description
The Fed lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
We’ll break down what it all means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.
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