Lisa Eagan

Leagan Realty, Scottsdale Arizona

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Fed Lowers Key Interest Rate For First Time Since Great Recession

August 6, 2019 by Lisa Eagan

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as "quantitative easing." The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

Filed Under: Federal Reserve Tagged With: Fed, FOMC, Interest Rates

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Leagan Realty

12862 East Summit Drive
Scottsdale, Arizona 85259
Phone: 480.766.2115
Fax: 888.422.9951

Email: lisaeagan@leaganrealty.com
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