The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a major impact on the finances of Americans across the board, .
Peter Gratton, Ph.
Sixteen players made all four major-championship cuts in 2025.
It came as no surprise to anyone that the Federal Reserve cut the benchmark interest rate by another 25 basis points, or a quarter of a percentage point, on Dec.
A version of this story appeared in CNN’s What Matters newsletter.
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