YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Reserve on Tuesday enacted an emergency rate cut in an attempt to battle the economic impacts of the coronavirus outbreak.
The range is now 1% to 1.25% after a half-percentage-point rate cut. That's the biggest one-time cut since 2008.
Fed Chairman Jerome Powell signaled that further moves were possible.
Read more from The New York Times.
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