Yesterday, Fed officials lowered interest rates by a quarter-point, roughly in line with people's expectations. "The decision to cut for a third meeting in a row shifted interest rates to a new range of 3.5 percent…
The Federal Reserve, the central bank of the United States, voted to lower its federal funds rate—the interest rate that banks charge each other to borrow overnight and the cost of credit—by 25 basis points on Wednesday. This…
Dissent at the Fed meeting: For the second time this year, the Federal Reserve Board cut interest rates by a quarter point—the lowest level in three years. "This remains a very divided Fed, as evidenced by the fact that…
Welcome, Login to your account.
Welcome, Create your new account
A password will be e-mailed to you.
