Interest rates fell in America after four years, Fed cut rates by 50 bps, rates will fall two more times this year
The US Federal Reserve has announced a cut in interest rates for the first time since the pandemic, as was expected. According to the statement, the Federal Open Market Committee (FOMC) cut the rate by 50 basis points (50bps) in September for the first time in more than 4 years. This has brought the current … Read more
