The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced by slow progress on inflation and a weakening job market, aims to address the dual challenge of high prices and difficult employment conditions. Post navigation Eternal market cap hits Rs 3.26 lakh crore! Zomato-Blinkit parent company ranks 22nd; overtakes Hindustan Aeronautics and Titan Consumers set to save big! FMCG giants P&G Emami and HUL roll out rate cuts; here’s what gets cheaper