Tag Archives: Dissents

Fed lowers interest rates, signals more cuts ahead; Miran dissents  Reuters Fed announces first rate cut in nine months, signals more reductions to come  CNN Fed Cuts Rates for First Time This Year  The New York Times What the Fed rate cut means for your home, car and credit card loans  The Washington Post Five Thoughts About Today’s Fed Rate Cut  Bloomberg Source link

The Federal Reserve lowered interest rates for the first time in nine months on Wednesday, but the central bank struck a cautious approach by cutting by a quarter of a percentage point. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to lower its target for the federal-funds rate to 4% to 4.25%, as investors …