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