Federal Reserve cuts interest rate by sizable amount, signaling end to its inflation fight

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers. Original article: https://www.reviewjournal.com/news/nation-and-world/federal-reserve-cuts-interest-rate-by-sizable-amount-signaling-end-to-its-inflation-fight-3172162/