Category

Profitability

The Federal Reserve cuts interest rates by 0.25%. The Yield of the Dollar Savings Portfolio at 3.50%

The Federal Reserve cuts rates by 0.25%. The Federal Reserve decided on a 25 basis point cut, setting the target federal funds rate at 3.75–4%. The U.S. central bank also announced the suspension of quantitative tightening (the reduction of its bond portfolio) starting December 1, in order to avoid draining too much liquidity from the…

Read more