Federal Reserve cuts interest rates by half a percentage point

The Fed cut interest rates today for the first time in four years in an effort to boost the economy and curb a slowdown in the labor market. NBC News' Christine Romans reports on what it means for your family's budget.

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The Fed cut interest rates today for the first time in four years in an effort to boost the economy and curb a slowdown in the labor market. NBC News' Christine Romans reports on what it means for your family's budget. Sept.

18, 2024.