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Fed cuts interest rates, signals holding pattern for now

The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: rates, interest, help, sustain, record-long

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/KB_ZDBrHR6c/fed-cuts-interest-rates-signals-holding-pattern-for-now-idUSKBN1W32H7

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