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BTC $59,459.03 -0.97%
ETH $1,587.73 +0.30%
BNB $552.36 -0.04%
XRP $1.04 -0.26%
SOL $73.97 +2.28%
TRX $0.3196 -0.79%
DOGE $0.0722 -0.99%
ADA $0.1445 -0.32%
BCH $198.95 +1.84%
LINK $7.29 -0.21%
HYPE $65.76 +4.60%
AAVE $90.16 -4.04%
SUI $0.6928 +0.81%
XLM $0.1852 +6.42%
ZEC $399.82 +4.34%
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The Federal Reserve cuts interest rates by 50 basis points, starting a rate-cutting cycle

2024-09-19 02:02:12
Collection

ChainCatcher news, according to Jinshi reports, the Federal Reserve has begun a rate cut cycle, lowering the federal funds rate by 50 basis points to 4.75%-5.00%, marking the first rate cut since March 2020.

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