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Federal Reserve lowers interest rates by 0.50 percentage points

Name: Federal Reserve lowers interest rates by 0.50 percentage points
Uploaded: 2024-09-19T07:01:00-0400
Duration: 3 min 38 s
Description: Mike Pappas, CEO of the Keyes Company, said the reduction will eventually lower interest rates on consumer loans, which is good news for the housing market.

Mike Pappas, CEO of the Keyes Company, said the reduction will eventually lower interest rates on consumer loans, which is good news for the housing market.