The United States Federal Reserve has cut interest rates for the first time since 2020, signaling a significant victory in the ongoing battle against inflation.
This policy shift marks a major turning point for the economy, offering relief to Americans who have faced a high cost of living in recent years.
The Fed's decision aligns with global trends as central banks worldwide lower borrowing costs, adjusting to improved economic conditions.
While US Big Pharma warns that price controls could stifle drug development, the implications of such policies invite important conversation and scrutiny.
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