China Daily » Capital News
![](https://spin-pesa.com/blog/wp-content/uploads/2024/09/66eb5cfea3103711c34880f2-768x513.jpeg)
WASHINGTON, United States, Sep 19 — The US Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. “The Committee has gained…