A divided Fed reduces rates but may not cut again this year
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but indicated that it may not cut rates any further this year. The Fed’s move will reduce its benchmark rate — which influences many consumer and business loans — by an additional quarter-point to a range of 1.75% to 2%. The action was approved 7-3, with two officials preferring to keep rates unchanged and one arguing for a bigger half-point […]...
Published By: Fox 17 - Wednesday, 18 September, 2019
News Links
News |
Wikileaks.org Fully Informed Jury MICHIGAN FREE DE JURE STATE NumbersUSA Activist Post Hello Michigan Michigan dejure JBSociety Apathetic-USA Devvy Kidd Morning Star TV Off The Grid News |
Science News |
Gizmag Technology and Programming News Ars Technica Discover Magazine Sciencedaily Energy News Precious Metals All American Gold Coinflation |
Legacy News Media |
Todays Front Pages ABC CBS NBC FOX USATODAY CNN CNBC BBC Bloomberg |
Funny & or Interesting
Linux Stuff |
Linux News Linux Tools Linux Distributions |
Calculator-Converter