US Federal Reserve Rate Cut Sparks Debate Ahead of Election 🗳️
As the US Federal Reserve lowers its key interest rate just weeks before the upcoming election, New Yorkers weigh in on what this move could mean for the economy and voters alike.
The Manila Times
565 views • Sep 20, 2024
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US Fed rate cut splits opinions just weeks before election<br /><br />New Yorkers share their thoughts as the US Federal Reserve cut its key lending rate by half a percentage point in its first reduction for more than four years. Wall Street shares bounced at the open after falling the previous day, even though the Fed's rate reduction that many investors had hoped for was double the size some had predicted. The aggressive cut split opinion among analysts, with some warning it could reignite inflation, while others said it showed the bank was keeping ahead of the curve in supporting the economy.<br /><br />AFP VIDEO<br /><br />Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br />Visit our website at https://www.manilatimes.net <br /> <br />Follow us: <br />Facebook - https://tmt.ph/facebook <br />Instagram - https://tmt.ph/instagram <br />Twitter - https://tmt.ph/twitter <br />DailyMotion - https://tmt.ph/dailymotion <br /> <br />Subscribe to our Digital Edition - https://tmt.ph/digital <br /> <br />Check out our Podcasts: <br />Spotify - https://tmt.ph/spotify <br />Apple Podcasts - https://tmt.ph/applepodcasts <br />Amazon Music - https://tmt.ph/amazonmusic <br />Deezer: https://tmt.ph/deezer <br />Tune In: https://tmt.ph/tunein<br /> <br />#TheManilaTimes <br />#worldnews <br />#fedex <br />
Video Information
Views
565
Duration
1:55
Published
Sep 20, 2024
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