Fed goes big with interest rate cut in a bid to head off an economic slowdown

More on this subject from other reputable sources:

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– Axios (B+): [Fed interest rate cut means borrowing money will get cheaper for customers](https://www.axios.com/2024/09/18/borrowing-credit-cards-loans-inflation)
– Associated Press (A-): [Federal Reserve cuts key rate by half-point, signaling end to its inflation fight](https://apnews.com/article/interest-rates-inflation-prices-federal-reserve-economy-0283bc6f92e9f9920094b78d821df227)
– CNN.com (C+): [Jumbo-sized rate cut: Fed slashes rates by a half percentage point](https://www.cnn.com/business/live-news/federal-reserve-interest-rate-09-18-24/)
– Reuters (A): [Dollar pinned down by 50 bp Fed cut bets ](https://www.reuters.com/markets/currencies/currencies-listless-markets-waffle-over-fed-rate-cut-2024-09-16/)

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