WebHeader_Grove.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Get entered to win tickets to Paul McCartney at Fenway June 8th with your gift today!

Fed Cuts Interest Rates

In a bid to revive the faltering economy, Federal Reserve policymakers cut interest rates by half a percentage point. But in a statement, the Fed signals it may be the last cut in the near future. NPR's Jack Speer reports.

Copyright 2002 NPR

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.