Federal Reserve is lowering the interest rates

English Aug 30, 2019

Last month, the Federal Reserve decided to cut interest rates by a quarter percentage point. Its the first time they are lowering the interest rates in over a decade. The move decreases the cost of borrowing, helping people consume more which in a general perspective is good for the economy and for the dollar.

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Morel Hernandes

Writer passionate about politics, economics, blockchain and crypto-currencies.