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Fed Cuts Discount Rate to Calm Markets

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Fed Cuts Discount Rate to Calm Markets

Economy

Fed Cuts Discount Rate to Calm Markets

Fed Cuts Discount Rate to Calm Markets

  • Download
  • <iframe src="https://www.npr.org/player/embed/12881933/12881934" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

It's been another rough week for investors on the volatile world financial markets. Ongoing concerns about the underpinnings of the U.S. mortgage industry are raising questions about the broader economic picture for the domestic economy.