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Federal Reserve cuts interest rates by another quarter percentage point and hints at more to come

Federal Reserve cuts interest rates by another quarter percentage point and hints at more to come




The Fed, led by chairman Jerome Powell, lowered the benchmark overnight lending rate to a range of 1.75% to 2.00% on a 7-3 vote. It has been under pressure from Donald Trump to cut rates.



Source link : https://www.dailymail.co.uk/news/article-7478647/Fed-cuts-rates-7-3-vote-gives-mixed-signals-move.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

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Publish date : 2019-09-18 20:49:32

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