Fed Rate Cuts-- Great news for Small Business Funding
BREAKING NEWS: FEDERAL RESERVE'S RATE CUT – IMPLICATIONS FOR SMALL BUSINESS FINANCING
The Federal Reserve enacted a 50 basis point interest rate cut on Wednesday, the first since 2020, lowering rates to a 4.75%–5% range. This aggressive cut aims to address concerns about a slowing labor market and moderating inflation. Despite strong GDP growth and consumer spending, the Fed is expected to ...
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