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Federal Reserve Chair Jerome Powell departs after a press conference at the Federal Reserve in Washington, DC, on July 31.
Graeme Sloan/Sipa USA/AP
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
When the the Fed starts to cut rates, it should, in theory, shake the historically unaffordable housing market loose.
Joe Raedle/Getty Images
The Fed’s rate cuts could have unintended consequences for the housing market
Federal Reserve Chair Jerome Powell is all but certain to cut interest rates this week to relieve pressure across the economy. But that relief comes will come with a big delay.
Jose Luis Magana/AP
So we’re expecting a rate cut. When will we start to see a difference in the economy?
A customer shops for dairy products at a supermarket in Manhattan on July 11 in New York City.
Liao Pan/China News Service/Getty Images/FILE
America’s economic engine is still revving, despite fears of a slowdown
An employee checks tomatoes imported from Spain at the D & F McCarthy Ltd. wholesaler in Norwich, UK, in February 2023.
Chris Ratcliffe/Bloomberg/Getty Images
Brexit is ‘stifling’ Britain’s trade with Europe and the problem is getting worse
(L-R:) Senators Sheldon Whitehouse, John Hickenlooper and Elizabeth Warren wrote to Federal Reserve Chair Jerome Powell, calling for a dramatic interest rate cut.
Jemal Countess/Kent Nishimura/Getty Images/Rod Lamkey, Jr./AP
Elizabeth Warren calls for emergency-like Fed rate cut ASAP
Federal Reserve Chair Jerome Powell speaks during a news conference in Washington, DC, on July 31.
Roberto Schmidt/AFP/Getty Images/File
The Fed is finally about to cut interest rates. What took so long?

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