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Federal Reserve Cuts the interest rates for the first time since 2008

Posted on 1st August 2019 By Timmappa Kamat No Comments on Federal Reserve Cuts the interest rates for the first time since 2008
Federal Reserve Cuts the interest rates for the first time since 2008

The US Federal Reserve cuts the interest rats for the first time since 2008. Staring into a recession and a possible economic slowdown if the action is not taken a right in time, the rates have been cut by O.25 per cent. This is indeed for the first time that the US Federal Reserve has…

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