The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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Keep your savings safe and secure with the Lock FD feature on open. Add an extra layer of security by enabling branch-only withdrawals on your FDs. Download the app now. Visit: https://onelink.to/crccsg #AxisBank #OpenToBetterBanking | Axis Bank
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