PayPal Money Market Interest Dropped

With the rumors and talks about the US heading into a recession, the Federal Reserve has already taken steps to avoid a recession by slashing interest rates twice in a matter of 8 days. It now sits at 3.00% with a total of 1.25% reduction. And it affected the Paypal Money Market interest rates as well. It hits below 4% to about 3.76% a few days ago and today it is reported to be at around 3.76%. So it's dropping and maybe hinting that the economy is slowly slowing down. The world would wonder what would happen to the global economy if the US does enter a recession. Only time will tell.