Fed cuts rates, hints at pause.
Published: Jan. 1, 2025
The Federal Reserve's decision to lower interest rates by a quarter percentage point has sent shockwaves through the financial markets, prompting a significant sell-off and leaving economists grappling with the implications for an already complex economic landscape. The move, while seemingly designed to ease borrowing costs for consumers and businesses, masks a deeper uncertainty about the future trajectory of inflation and the Fed's ability to navigate a delicate balancing act.
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