Fed cuts US interest rate to 2% from 2.25%

The US Federal Reserve Wednesday reduced interest rate for the first time since the 2008 financial crisis by a quarter-percentage point to 2% from 2.25%. to “insulate the record-long US economic expansion from slowing global growth.” It hinted that the rate may be cut again this year. The shift was predicted but will disappoint President Donald Trump who said he wanted a large cut.

 

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6 thoughts on “Fed cuts US interest rate to 2% from 2.25%

  • Jul 31, 2019 @ 22:08 at 22:08
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    Fed cuts US interest rate from 2.5% to 2.25% and later on this year to 2%.

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  • Aug 1, 2019 @ 1:28 at 1:28
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    Something is quite wrong with this headline. Going from 2% to 2.25% is NOT cutting but raising.

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  • Aug 1, 2019 @ 2:00 at 2:00
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    So surprising that Jewish Information Service is unable to hold their own in math at basic 1-10 level. World is changing it seems. One would think that Jews are best at math connected to making money. Perhaps they are too dependent on their Overlord.

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  • Aug 1, 2019 @ 3:35 at 3:35
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    look, they just got it backwards, heavy workload, not enough coffee, ok, go easy on them.

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  • Aug 1, 2019 @ 9:51 at 9:51
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    Recession looming, though Trump will do everything to make sure that it’s going to be after the election not before…

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  • Aug 1, 2019 @ 10:11 at 10:11
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    Huge slugs settled in the centre of Moscow: Pests from abroad. In the centre of Moscow, settled huge orange slugs pests. They have no natural enemies,

    Huge slugs settled in the centre of Moscow: Pests from abroad

    In the centre of Moscow, settled huge orange slugs pests. They have no natural enemies, they quickly multiply and destroy plants.The centre of Moscow was flooded with huge slugs, the newspaper Vesti.Ru reports. They were first noticed by tenants of houses on 3rd Tverskaya-Yamskaya Street.

    Orange slugs more than 10 cm long can belong to the species Arion lusitanicus, said zoologist Ilya Gomiranov. Until the first half of the twentieth century, the Lusitanian slug lived on the Iberian Peninsula, then soon settled in Central and Northern Europe, probably thanks to an active trade.

    Reply

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