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Strong signal inflation fight is ending as Federal Reserve cuts US interest rates

Posted: 2024-09-18 21:26:31

Original link: https://www.smh.com.au/world/strong-signal-inflation-fight-is-ending-as-federal-reserve-cuts-us-interest-rates-20240919-p5kbqd.html?ref=rss&utm_medium=rss&utm_source=rss_world

Video: Strong signal inflation fight is ending as Federal Reserve cuts US interest rates

<noscript/><div id="app" readability="3.3991935483871"><p>Strong signal inflation fight is ending as Federal Reserve cuts US interest rates</p><div class="_2lciU" role="" readability="9"><svg aria-hidden="true" class="QMY9O idv27" focusable="false" height="1em" width="1em"><use xlink:href="https://www.smh.com.au/#icon-exclamation"/></svg><p>We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.</p><button class="_760Mo">Dismiss</button></div><nav class="RbLp5"><a href="https://www.smh.com.au/#sections">Skip to sections navigation</a><a href="https://www.smh.com.au/#content">Skip to content</a><a href="https://www.smh.com.au/#footer">Skip to footer</a></nav><header class="_21UZG noPrint" data-testid="header"/><main id="content"><div class="_1edU- _3ECgH _2TEVJ OK924"><article class="EZrB_" readability="1.2493765586035"><header class="_3xObU" readability="2.814606741573"><h2 class="_1riAX" data-testid="video-intro">The US Federal Reserve has cut its benchmark interest rate by an unusually large half-point.</h2><p><time class="_2_zR-" data-testid="datetime" datetime="2024-09-19T07:26:31+10:00">September 19, 2024 — 7.26am</time></p></header><div class="_3nhoI _1owPT noPrint" data-testid="video-player"><div class="_2GXIh"><a class="_38pPB _3u2kV" href="javascript:void(0);"><p><span class="_2wzgv _3lVFK"><span class="_29Qt8"/><span 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