Sep18th

Federal Reserve Rates Cut - In A Nutshell

Posted at 3:50 pm | Filed Under Uncategorized

The Federal Reserve’s rate-setting Open Market Committee cut the target for the federal funds rate half a percentage point, to 4.75 percent.
Economic growth was moderate during the first half of the year. But it’s harder for consumers and corporations to get credit now, and possibly intensifying the slowdown in home sales and the slide in […]