LSU’s Dek Terrell on what the Fed’s latest decision on interest rates means

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    U.S. Federal Reserve Chair Jerome Powell speaks after a meeting of the Federal Open Markets Committee, at the Federal Reserve, in Washington, D.C., on Wednesday, June 12, 2024. (Sipa via AP Images)

    Federal Reserve officials announced Wednesday that they expect to cut their benchmark interest rate once this year because inflation remains persistently elevated. Dek Terrell, director of the …


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