And yes, the Youtube channel Bloomberg Television has again the right to an article on Croblanc today, and at the same time it is quite logical considering the passion that our community puts every time a new video is available on the internet. And that's why we're telling you about it today, this brand new video should interest you.
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For your information, you can find below the description of the video Federal Reserve Cuts Interest Rates by a Quarter Point, Expects More Reductions This Year published by the Youtube channel Bloomberg Television:
The Fed has cut interest rates and expects two more reductions this year. The Federal Open Market Committee voted 11-1 on Wednesday to cut the target range for the federal funds rate to 4%-4.25%, after holding rates steady for five straight meetings this year. This is the first rate cut since last December. Only one official, the newly-sworn-in Stephen Miran, voted against the decision. He favored a larger, half-point cut. Bloomberg's Michael McKee is at the Fed with more.
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