Have you received a phone call supposedly from the Federal Reserve, claiming that there’s suspicious activity on your bank account? Or that there’s a warrant out for your arrest? It’s a scam! More info: https://www.federalreserve.gov/consumerscommunities/fraud-scams.htm | Board of Governors of the Federal Reserve System

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Lower interest rates could reduce borrowing costs for mortgages, car loans, and business loans, and boost growth and hiring. | NBC LA