Hot Math News researches and shares innovative math pedagogies and math applications in the real world!
The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the central bank in more than a decade.
The rate is tied to most forms of consumer debt and is likely to almost immediately have an impact on lowering credit costs.
More info: https://www.amazon.com/Stock-Markets-Big-Easy-Way/dp/1791348416?SubscriptionId=AKIAIFSBBRIR5YPT5ITQ&tag=phamat-20&linkCode=xm2&camp=2025&creative=165953&creativeASIN=1791348416
More info: https://www.cnbc.com/2019/07/31/fed-cuts-rates-by-a-quarter-point.html
More hot math news on https://hotmathnews.com/.