FED CUTS FEDERAL RESERVE RATE BY 25 BASIS POINTS – 10 YEAR AT 1.76%
Dissenters to Policy Action Increase By a vote of 7-3, the FOMC cut the overnight lending rate today by 0.25%. At the previous meeting, only 2 members dissented. Interestingly, 2 of the dissenters wanted no change and one of the...
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