FED cuts rate by 50 bp
The US central bank cut its key interest rate, the Federal Funds rate, by 50 basis points (half a percentage point) from 5.25 per cent to 4.75 per cent.
News: http://biz.yahoo.com/ap/070918/fed_interest_rates.html?.v=23
The US central bank cut its key interest rate, the Federal Funds rate, by 50 basis points (half a percentage point) from 5.25 per cent to 4.75 per cent.
News: http://biz.yahoo.com/ap/070918/fed_interest_rates.html?.v=23