Last month, the Federal Reserve cut a key interest rate by a larger than expected half percentage point, the first reduction since 2020. This could bode well for consumers struggling with debt they ...
The Federal Reserve's move Wednesday to cut a key interest rate by half a percentage point sets the stage for further cuts, something economists say should boost two key sectors of Michigan's economy: ...
This story was updated to add new information. WASHINGTON — In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ...
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