Current News

Fed Interest Rate Cut: 7 Takeaways

By |2019-09-10T23:06:54-06:00August 5th, 2019|Current News|

Moody's Chief Economist: Fed Interest Rate Cut to Boost Real Estate (with Caveat)   The Federal Open Market Committee (FOMC) decided to lower the fed funds interest rate, decreasing by 25 basis points to 2.00%. The committee voted 8-2 in favor of the cut.   Main Takeaways from the Fed Interest Rate Cut: FIRST CUT