Political Quotes

George H.W. Bush: “Today's lowering of the Federal Reserve discount rate from 4.5 percent to 3.5 percent is a significant step.”

On the recordDecember 19, 1991
Today's lowering of the Federal Reserve discount rate from 4.5 percent to 3.5 percent is a significant step.
Said by
George H.W. Bush
Republican · Texas

Editor's note · Context

Statement on the Federal Reserve Interest Rate Reduction

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