US Federal Reserve Cuts Interest Rates for Third Time This Year Despite Global Economy Slowdown

After the US central bank announced its decision to cut its overnight lending to a target range of between 1.50% and 1.75%, Fed Chair Jerome Powell said that the step was taken on the grounds that monetary policy is in a good place.

from Top Business News- News18.com https://ift.tt/2piLLNF
via IFTTT