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Fed, FOMC, Cut Rates by 50 Basis Points to 3%

Started by Jorge · 3 months ago

The fed went ahead and cut the fed funds interest rate by 50 basis points to 3%. Markets have swung around about 100 points on the news.

The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.
Financial markets remain und ... Continue reading »

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