Federal Reserve Announcement

The Federal Reserve today cut its benchmark interest rate for the first time in four years, starting with an aggressive 50 basis points move to 4.75 %.

Oil soared to fresh record highs in New York, Wall Street soared on the news as well, at last look the Dow Jones surged almost 340 to almost 13740…

Tweet with a location. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. Federal Reserve officials stepped deeper into a debate over how high to push interest rates, as a majority favored an eventual and temporary move above the level they deem neutral for the economy Stocks are surging on Wall Street today after the announced it's leaving interest rates unchanged. Fed Chair Jerome Powell said the nation's central bank will be taking a patient stance on future rate Tags: federal, reserve, announcement, interest, Federal Reserve hikes interest rates, The again raised interest rates, but that might be the last hike for a while. The central bank indicated it would raise rates more slowly in 2019, nodding to signs that the U.S The raised interest rates on Wednesday for the seventh time since the financial crisis. In its monetary policy statement released Wednesday, the central bank increased the target

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