Fed Cuts Rates by a Quarter Point, But Faces Growing Split - Kedai Saham

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Thursday, September 19, 2019

Fed Cuts Rates by a Quarter Point, But Faces Growing Split

*NEWS ALERT* : Fed Cuts Rates by a Quarter Point, But Faces Growing Split

The Federal Reserve voted to cut interest rates by a quarter-percentage point for the second time in as many months to cushion the economy against a global slowdown amplified by the U.S.-China trade war.

While they left the door open to additional cuts, officials were split over the decision and the outlook for further reductions.

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