U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-SLASHING

(240918) -- WASHINGTON, Sept. 18, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Sept. 18, 2024. The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over fou