YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Reserve on Wednesday cut interest rates for the first time since the 2008 recession.
The key rate was slashed by a quarter point to a range of 2% to 2.25%.
A Federal Open Market Committee statement indicated the reduction supports its view that “sustained expansion of economic activity, strong labor market conditions and inflation near the committee’s symmetric 2% objective are the most likely outcomes, but uncertainties about this outlook remain."
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