Akira on Nostr: The Fed is set to cut rates today for the first time in 4 years. the Fed is expected ...
The Fed is set to cut rates today for the first time in 4 years. the Fed is expected to reduce its benchmark rate, which currently stands at its highest point in 23 years, after the central bank introduced a flurry of rate hikes to tame the pandemic's high inflation. While economists are unanimous in expecting a rate cut on September 18, they're split between predicting a 0.25 percentage point cut versus a 0.5 percentage point reduction. #siamstr #nostr #Siamstr
Published at
2024-09-21 06:25:17Event JSON
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"content": "The Fed is set to cut rates today for the first time in 4 years. the Fed is expected to reduce its benchmark rate, which currently stands at its highest point in 23 years, after the central bank introduced a flurry of rate hikes to tame the pandemic's high inflation. While economists are unanimous in expecting a rate cut on September 18, they're split between predicting a 0.25 percentage point cut versus a 0.5 percentage point reduction. #siamstr #nostr #Siamstr",
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