Fed plans to provide more support for repo market

The Fed announced on Wednesday that it was cutting the benchmark rate by a quarter-point to a new range of 1.75 percent to 2 percent as it seeks to cushion the U.S. economy from various threats, ranging from a slowing global economy to shocks from U.S. President Donald Trump’s trade war with China.
— Read on the-japan-news.com/news/article/0006024281