Wednesday 31 July 2019

BREAKING NEWS: Federal Reserve cuts interest rates

The Federal Reserve on Wednesday cut interest rates for the first time in more than a decade. Despite President Trump's calls for a "large" rate cut, the U.S. central bank lowered the federal funds rate by a quarter point. Watch Chair Jerome Powell's press conference starting at 2:30 p.m. ET on FOXBusiness.com.

Read the full story: https://fxn.ws/2Zwxjyt

Find out how the decision could affect markets: https://fxn.ws/2GB7Ego

For more news, please go to FoxBusiness.com and watch the FOX Business Network.


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