Federal Reserve cuts interest rates for first time since 2008


News & Politics

from gregory2011 Aug 2, 2019

The Federal Reserve lowered interest rates by a quarter point for the first time in more than a decade. The aim is to bolster the U.S. economy amid early signs of a global slowdown. CBS News business analyst Jill Schlesinger joins CBSN to explain how the central bank's move impacts you. CBS News

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