The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the
The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb ...
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Apply for a Discovery Bank credit card and you could get: • Up to 75% off flights • Up to 75% back in Ðiscovery Miles on HealthyFood at Checkers and Woolworths • Up to 20% back on qualifying fuel spend and Uber rides • Up to 15% back on furnishing, décor, tech and appliances at our home partners, both in-store and online • Up to 30% off when you spend Ðiscovery Miles at over 40 online and in-store retail partners • Up to 15% off airtime, data, electricity, and gaming and entertainment vouchers.
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During a news conference, Federal Reserve Chair Jerome Powell noted that members of the rating-setting FOMC were far from unified about what the central bank’s next move should be. Find more: cnb.cx/4p3yb99 | CNBC
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