If the fed is reducing interest rates in a period of inflation, it must be that they anticipate serious economical problem ahead.
Fed announces first rate cut in nine months, signals more reductions to come
President Donald Trump has been pushing for the central bank to reduce borrowing costs in order to juice economic growth, but the Fed said its decision was based on the need to support a weakening job market.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.