Cleve Wootson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And well ask why one of indias most succesful entrepreneurs known as the coffee king has died, in unexplained circumstances. Over the last couple of hours, all eyes have been on this man, the chairman of the Us Federal Reserve, Jerome Powell. Hes announced a cut in Interest Rates by a quarter of one percent for the First Time Since the 2008 financial crisis, when the American Economy was in the depths of its worst recession since the 1930s. We decided today to lower the target for the federal funds rate we decided today to lower the target for the federalfunds rate by we decided today to lower the target for the federal funds rate by a quarter of a percentage point to a range of 2 to two and a quarter percent. The outlook for the us economy remains favourable and this design will support that outlook. If we take a look at this graph you can see how us Interest Rates were close to zero for seven years after the financial crisis in 2008 but have been gradually rising since 2016. The main

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