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

by Peter Anderson · 0 comments · Print Print ·

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 father to his baby boy, Carter. He loves reading and writing about personal finance, and also loves a brisk game of tennis every now and again. You can find out more about him on the about page or check out his design site at http://www.logosforwebsites.com. You can also follow him on Twitter at @moneymatters.

Peter has written 774 articles on Bible Money Matters! Read some more of them in the archive.

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