Eng

U.S. Fed slashes interest rates by 50 bps in first rate cut since 2020

XINHUA
發布於 09月19日00:04 • Liang Junqian,Xiong Maoling,Hu Yousong

The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years.

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