Who was the Chairman of the US Federal Reserve who announced the 50 bps rate cut in September 2024?
ABen Bernanke
BJerome Powell
CJanet Yellen
DAlan Greenspan
Explanation
Federal Reserve Chair Jerome Powell announced the aggressive 50 bps rate cut to support labor market strength.
Exam Relevance
- Topic: International & National Current Affairs (September 2024)
- Subtopic: September 2024
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