the staff of the Ridgewood blog
New York NY, the Federal Reserve cut interest rates by a quarter percentage point to 4.00%-4.25% amid rising unemployment fears and sticky inflation. In an 11-1 vote, the FOMC hinted at two more cuts by year-end, prioritizing a cooling job market over persistent price pressures. Continue reading Fed’s Cuts Quarter Point, Signals Two More Rates Cuts by Year End
