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- The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but made borrowing more expensive for consumers.
- The U.N. General Assembly strongly supported a nonbinding Palestinian resolution demanding that Israel end its “unlawful presence” in Gaza and the occupied West Bank within a year.
- The House rejected Speaker Mike Johnson’s proposal that would have linked temporary federal funding with a mandate for states to require proof of citizenship for voter registration.
- Democratic and Republican senators traded barbs in hearing on hate crimes
- The U.S. Justice Department is suing the owner and manager of the cargo ship that caused the Baltimore bridge collapse earlier this year.
- The city of Oakland initiated closure of significant homeless encampment near Martin Luther King Jr. Way
The post Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024 appeared first on KPFA.
This content originally appeared on KPFA - The Pacifica Evening News, Weekdays and was authored by KPFA.
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KPFA | Radio Free (2024-09-18T18:00:00+00:00) Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024. Retrieved from https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/
" » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024." KPFA | Radio Free - Wednesday September 18, 2024, https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/
HARVARDKPFA | Radio Free Wednesday September 18, 2024 » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024., viewed ,<https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/>
VANCOUVERKPFA | Radio Free - » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024. [Internet]. [Accessed ]. Available from: https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/
CHICAGO" » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024." KPFA | Radio Free - Accessed . https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/
IEEE" » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024." KPFA | Radio Free [Online]. Available: https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/. [Accessed: ]
rf:citation » Fed cuts interest rate by half-point in major shift after two years of high rates – September 18, 2024 | KPFA | Radio Free | https://www.radiofree.org/2024/09/18/fed-cuts-interest-rate-by-half-point-in-major-shift-after-two-years-of-high-rates-september-18-2024/ |
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