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The Washington Informer

The Washington Informer

Black News, Commentary and Culture | The Washington Informer

Tag: Fed

Federal Reserve Chair Jerome Powell (Courtesy of federalreserve.gov)
Posted inBusiness

Federal Reserve Makes First Interest Rate Cut Since 2008

by WI Guest Author August 2, 2019December 21, 2021

The Federal Reserve has cut the interest rate by one-quarter of a percentage point, marking the first such cut in 11 years.

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