Half-point rate cut: The Fed’s decisive action to defend growth

In an assertive response to economic pressures, the Federal Reserve has cut interest rates by 50 basis points, a move that signals its commitment to protecting the US economy. This larger-than-expected cut indicates the Fed's confidence in easing inflationary pressures while supporting growth amid concerns about potential slowdowns. Investors are closely watching how this rate cut will impact sectors such as housing and consumer spending, as well as broader market trends, with expectations of continued central bank intervention in the months ahead. Read the full article to explore the implications...