Despite a solid economy, Fed cuts its key rate by quarter point to ward off a recession by articlemild | Jul 31, 2019 | news | 0 comments The Fed cut rates by a quarter point despite a solid economy, its first decrease since 2008. Slowing global growth and US-China trade war pose risks. Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment.