Fed Cuts Interest Rate Amid Global Stock Sell-Off And Fears Of Recession

by Peter Anderson · 0 comments

Fed cuts interest rate:

The Federal Reserve unexpectedly slashed a key interest rate by a bold three-fourths of a percentage point on Tuesday, responding to a global plunge in stock markets that heightened concerns about a recession. The Fed signaled that further rate cuts were likely.

Does anyone think this is actually going to help?

Tagged as: economy, interest rates

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Article by Peter Anderson

Peter Anderson is a Christian, husband to his beautiful wife Maria, and loves reading and writing about personal finance. You can find out more about him on the about page or check out his other sites at http://www.quicktofit.com and http://www.logosforwebsites.com. You can also follow him on Twitter at @moneymatters.

Peter has written 676 articles on Bible Money Matters! Read some more of them in the archive.

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