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Fed cuts rates for second time since 2008 recession

Name: Fed cuts rates for second time since 2008 recession
Uploaded: 2019-09-18T11:21:23-07:00
Channel: NBC Palm Springs
Description: The Federal Reserve on Wednesday cut interest rates for the second time in two months amid growing worries about a potential global slowdown. Officials also left the door open for a further rate cut this year, reinforcing the message by Fed chairman Jerome Powell that policymakers would do whatever necessary to prevent a recession. The […]

By: NBC Palm Springs

September 18, 2019

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