YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Reserve yesterday cut interest rates, marking the second time it has done so in 2019.
The federal funds rate - controlling mortgages, credit cards and other borrowing - was reduced by a quarter percentage point to a range of 1.75% and 2%.
Two Fed officials voiced concerns that the economy does not need another rate cut, while another thought the latest reduction didn't go far enough.
Read more from CNN Business.
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