Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
⚠️ 90.1FM is at reduced power due to repairs. Listeners outside of the Salt Lake Valley can expect static

Fed Rules

Financial markets waited until early afternoon to see just how much the Federal Reserve would cut interest rates. But as NPR's Jack Speer reports, the half-point cut announced by Fed Chair Alan Greenspan disappointed Wall Street. This is the third time the Fed has cut interest rates this year.

Copyright 2001 NPR

KUER is listener-supported public radio. Support this work by making a donation today.