Home News Cut those interest rates: The Federal Reserve has to ease borrowing costs

Cut those interest rates: The Federal Reserve has to ease borrowing costs

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While most of the 335 million Americans will be sifting through the election results today, the dozen members of the Federal Reserve’s Federal Open Market Committee will be meeting today and tomorrow to decide what to do about interest rates. Lower them they must to keep the economy going strong and make it easier for people to finance homes and borrow for other purposes.

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