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Updated on: September 19, 2024 10:31 IST

US Federal Reserve cuts interest rates to deal with inflation: How will it affect Harris and Trump?

US Fed slashes interest rates: With inflation rates dropping significantly since peaking in summer 2022, the Fed has lowered its benchmark policy rate to between 4.75% and 5%. Although the Fed aims to remain politically neutral, this decision is likely to influence the upcoming U.S. Presidential

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