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Major U.S. stock exchanges dropped after the decision was announced. U.S. Fed’s own benchmark fed funds target rate rose to 2.3%. The U.S. Fed cut the interest it pays on excess reserves by 30 basis points. Deep disagreements within the Federal Reserve over the economic outlook.
Business news & Financial news from Steve Rich FX TV
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Major U.S. stock exchanges dropped after the decision was announced. U.S. Fed’s own benchmark fed funds target rate rose to 2.3%. The U.S. Fed cut the interest it pays on excess reserves by 30 basis points. Deep disagreements within the Federal Reserve over the economic outlook.
Business news & Financial news from Steve Rich FX TV
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