In a surprise inter-meeting move this morning, the Federal Reserve (Fed) announced a 50 basis point cut in US interest rates to the range of 1% to 1.25%, attributing the cut to the evolving economic risks from the coronavirus. The Fed decided to cut rates on its own, without a coordinated move by other major […]
source https://thebtrader.com/2020/03/03/fed-cuts-rates-in-surprise-move/?utm_source=rss&utm_medium=rss&utm_campaign=fed-cuts-rates-in-surprise-move
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