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Economics

First Fed rate cuts in four years
A stock trader is seen monitoring a screen showing Federal Reserve Chair Jerome Powell's announcement of a half-percentage point interest rate cut

Wharton’s Peter Conti-Brown, a financial historian focused on central banking and policy, discusses the Fed’s recent, and likely last, key decision before the presidential election.

(Image: AP Photo/Richard Drew)

First Fed rate cuts in four years

Wharton’s Peter Conti-Brown, a financial historian focused on central banking and policy, discusses the Fed’s recent, and likely last, key decision before the presidential election.