Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

By ABC (Business) | Created at 2024-12-18 19:20:04 | Updated at 2024-12-23 02:08:54 4 days ago

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

ByThe Associated Press

December 18, 2024, 2:01 PM

WASHINGTON -- Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year.

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