In its effort to protect the U.S. economy against uncertainty over trade and slowing global economic growth, today the U.S. Federal Reserve lowered interest rates by a-quarter percentage point for the second time since August. The interest rate will now hover between 1.75 and 2 percent. What does this second rate cut mean? Should the Fed be lowering the interest rate now? What's going to be its likely impact? And how much influence does the ongoing China-U.S. trade tension have in the rate-cut? Subscribe to us on YouTube:
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