Sat. Dec 21st, 2024

Strong Case for 50-Basis-Point Fed Rate Cut, Experts Say

The Federal Reserve could consider a 50-basis-point rate cut at its next meeting, according to some economists. The move comes as inflation remains stubbornly high and economic data shows signs of slowing down. The last time the Fed cut rates by half a percentage point was in 2008 during the financial crisis.

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