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U.S. Federal Reserve Expected to Lower Interest Rate to 3.75%

Market forecasts suggest the Federal Reserve may cut its benchmark rate from the previous 4.00% in today’s decision.

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Terms & Concepts
  • Federal Reserve: The central bank of the United States, responsible for monetary policy and financial system stability.
  • Interest Rate: The percentage charged by a lender to a borrower for the use of assets, commonly set by central banks to influence economic activity.