Fed Cuts Rates by a Quarter Point

Thursday, November 7th 2024, 9:30:00 pm
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State of the Union: The Federal Reserve approved a quarter-point cut to the federal-funds rate.
Breaking
Kevin Hassett remains the odds-on favorite to succeed Jerome Powell as chairman of the Federal Reserve -- despite vast misgiving from Wall Street and CEO types....
Prime Minister Rosen Zhelyazkov announced the decision in a televised address just minutes before parliament was due to vote on a no-confidence motion....
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