The Fed reduced interest rates for the second time in a row: 50 in September, now cut by 25 basis points; Interest rate will be between 4.50% to 4.75%
Washington7 minutes ago copy link The US Federal Reserve has cut interest rates by 25 basis points (0.25%). Now the interest rates will be between 4.50% to 4.75%. Earlier on September 18, the Fed had cut interest rates by 50 basis points (0.5%). The September cut was made after about 4 years. The Fed had…