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

by Peter Anderson · 0 comments · Print · Email ·

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 little boy, Carter. He loves reading and writing about personal finance, and also enjoys a good board game every now and again. You can find out more about him on the about page. Also check out his social profiles at Google Plus, Twitter and Facebook.

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