CNBCのインスタグラム(cnbc) - 8月1日 03時06分

The Federal Reserve cut interest rates for the first time in 11 years.⁠
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Rates were slashed a quarter-point in the first cut by the central bank since the financial crisis in 2008.⁠
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It’s rare for the Fed to cut rates while the economy seems somewhat stable, but Fed Chair Jerome Powell said trade uncertainty and a slowing global economy justify the change in policy while inflation is low.⁠
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The bank's decision follows President Donald Trump's intense political pressure for it to lower rates. ⁠
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To learn more about the change in policy and what this means for you, visit the link in bio.

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grouphuff @celebrity.muse You are correct sir! Rate cuts are to stimulate economic activty. If the economy is on fire then why are we cutting rates? Also, the dollar has been losing value since the 70s.

celebrity.muse @1980s_vintage no because it makes money cheap so there’s more in the economy and thus the currency devalues which causes price of things to increase

healthnvibez Let’s keep pumping the already inflated stock market.. 💥. For them to cut rates should tell you where we are going. 💥💥🤷🏾‍♂️

mark.r.kay Pieces of s**t are gonna ruin everything... a rate cut to move the stock market even higher. Pump pump pump !

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