Fed cuts interest rates a half point in landmark policy shift

The Federal Reserve has cut interest rates by half a percentage point for the first time since 2020, dialing back a years-long fight against inflation.

This cut is the first step in reducing the cost of borrowing. In theory, lower interest rates help stimulate economic activity and boost employment.

Read more: https://abcnews.go.com/Business/federal-reserve-expected-cut-interest-rates-time-2020/story?id=113751446

–––

Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G

ABC News Digital is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage.

Download the ABC News app for the latest headlines and alerts: https://abcnews.go.com/devices

Watch 24/7 coverage of breaking news and live events on ABC News Live: https://www.youtube.com/watch?v=gN0PZCe-kwQ&ab_channel=ABCNews

Watch full episodes of World News Tonight with David Muir here: https://youtube.com/playlist?list=PLQOa26lW-uI8ixlVw1NWu_l4Eh8iZW_qN&feature=shared

Read ABC News reports online: http://abcnews.go.com

ABC News is the home to the #1 evening newscast “World News Tonight” with David Muir, “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.”

Connect with ABC News on social media:
Facebook: https://www.facebook.com/ABCNews
Instagram: https://www.instagram.com/abcnews
TikTok: https://www.tiktok.com/@abcnews
X: https://twitter.com/ABC
Threads: https://www.threads.net/@abcnews
LinkedIn: https://www.linkedin.com/company/abcnews

#economy #federalreserve #news #abcnews

Тэги:

#news #breaking_news #live_news #daily_news #world_news #us_news

Скачать видео