Aug 17
This morning the Federal Reserve (Fed) announced that it lowered its discount rate by 50 basis points to 5.75%. Quicken Loans Chief Economist Bob Walters says the Fed’s actions are welcome, if not long overdue.
This morning the Federal Reserve (Fed) announced that it lowered its discount rate by 50 basis points to 5.75%. Quicken Loans Chief Economist Bob Walters says the Fed’s actions are welcome, if not long overdue.