BREAKING: 50 bps it is. "In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent." nostr:note1hd9m492hw65utrl645zhfq8nfz5j2qz9rf69r4l909zxf2a7jzjsa4ly3y