Federal Reserve Cuts Interest Rates By 25 Basis Points
The Federal Reserve cut its benchmark interest rate by 25 basis points today, lowering the federal funds target range to 3.50%–3.75%. The move marked the central bank’s third rate cut of the year and its first since October. The Federal Reserve said they made the cuts to support maximum employment and return inflation to 2%....
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
