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.


Morel Hernandes

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