Why the Fed Went Big With Its Rate Cut

Published: Sept. 18, 2024, 9:12 p.m.

P.M. Edition for Sept. 18. WSJ economics reporter Paul Kiernan discusses the Federal Reserve\u2019s decision to cut interest rates 0.5%\u2014its first reduction since 2020. And Hezbollah scrambles after a second wave of deadly attacks with exploding devices across Lebanon. Plus, the Journal\u2019s Kate King on why dollar stores are responding to shrinking sales with new store openings. Tracie Hunte hosts.\n\n\n\nSign up for the WSJ's free What's News newsletter.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices