Federal Reserve poised to reduce its benchmark rate

Federal Reserve poised to reduce its benchmark rate
The world’s most powerful central bank is poised to cut its benchmark rate for the first time since 2008, with most investors expecting a quarter-percentage-point reduction. It’s not likely to satisfy a certain resident of 1600 Pennsylvania Avenue in Washington D.C., based on Monday morning tweets. “The Fed has made all of the wrong moves. A small rate cut is not enough, but we will win anyway!” President Donald Trump said on Twitter.
Source: https://www.housingwire.com/rss