Feds Trim Interest Rates by 50 Points
https://www.youtube.com/watch?v=seEoCB97cds Central bank policymakers trimmed interest rates by 50 basis points, marking its first cut in four years. The Economy is strong overall and the Labor market has cooled Inflation has eased from a high of 7% to 2.2% (their goal is 2%) They announced the lowering of the Fed Rates by .50% (from 5.5% [...]