Fed cuts US interest rates for the 2nd time, to the range of 3.75% to 4% per year

by Marcelo Moreira

The Federal Reserve (Fed), central bank of the United States, reduced the country’s interest rates by 0.25 percentage points (pp), to the range of 3.75% to 4% per year. The decision, announced this Wednesday (29), was in line with financial market expectations.

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