Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

07/20/2024, 6:07 AM
businessinsider.com

Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

Fred Prouser/Reuters

The US Federal Reserve's decision Wednesday to cut rates by half a percentage point has created a flurry of immediate reactions, but the real effects of the policy are likely to take several months to bear out.

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