Up First from NPR
Murder As An Act Of Terrorism, Fed's Rate Cut Decision, Female Mass Shooters
Scott Horsley
Well, it's a balancing act. High interest rates do help curb inflation, but they can also be a drag on the economy. So the Fed is trying to strike a balance here. Markets are betting the Fed is going to lower interest rates today, and then after that, maybe take a break and see how things play out.
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