Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion. BREAKING: 🇺🇸 Federal Reserve cuts interest…