Federal Reserve cuts interest rates for the first time in over 4 years

Federal Reserve cuts interest rates for the first time in over 4 years
In This Story The Federal Open Market Committee voted Wednesday to lower interest rates by 50 basis points, bringing the federal funds rate down from two-decade highs after more than a year of watching and waiting. Suggested Reading Boeing is furloughing workers to save cash during its machinists' …

Author: Rocio Fabbro

* This article was originally published here
Federal Reserve cuts interest rates for the first time in over 4 years Federal Reserve cuts interest rates for the first time in over 4 years Reviewed by Transaction Banker on September 18, 2024 Rating: 5
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