Fed’s Major Rate Cut Could Boost Harris’ Momentum
Sep 19, 2024•49 min•Transcript available on Metacast Episode description
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for more than a year.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
