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US Fed cuts rates by larger than usual half-percentage point

19/09/24
Al Jazeera English

The United States Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that follows growing unease about the health of the job market. Al Jazeera’s Mike Hanna reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #USInterestRate #FederalReserve #InflationCoolDown #USEconomy #RateCut #USFed-eralReserve #GlobalMarkets #SupplyChainRecovery #USLoanCosts #EconomicGrowth #AlJazeeraEnglish

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