Fed’s rate cut fails to buoy markets
* FED’S COOK SAYS SHE ‘WHOLEHEARTEDLY’ SUPPORTED HALF-POINT CUT @JohnSpall247 @business #FOMC 🇺🇸 pic.twitter.com/MwdOgEm1v4 — Carl Quintanilla (@carlquintanilla) September 26, 2024 The Federal Reserve delivered a substantial interest rate cut on Wednesday, lowering its overnight lending rate by 50 basis points to a range of 4.75% to 5.00%. This marks the central…
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