Economy: Fed Cut Interest Rates Again

Published: Sept. 20, 2019, 3:01 a.m.

The Federal Reserve cut short-term interest rates by another quarter point on September 18th. It was the second rate cut this year to offset a global economic slowdown, weaker business investments, and the effects of President Trump’s trade war with China. But was it enough to appease a President who’s been clamoring for negative rates?