Skip to main content
U.K. Edition
Sunday, 12 May 2024

Federal Reserve Cuts Interest Rates To Near-Zero Sunday To Try And Bolster Economy During Coronavirus Outbreak

Credit: CBS 3 Philly
Duration: 00:26s 0 shares 1 views

Federal Reserve Cuts Interest Rates To Near-Zero Sunday To Try And Bolster Economy During Coronavirus Outbreak
Federal Reserve Cuts Interest Rates To Near-Zero Sunday To Try And Bolster Economy During Coronavirus Outbreak

The federal reserve also plans to buy up billions of dollars in government back debt and mortgage-backed debt.

LOWER, AND THE US INDEXFUTURES WOULD ARE LOOKING ATARE HEAD THAT WAY, TOO.SUNDAY YESTERDAY THE FEDERALRESERVE CUT INTEREST RATES TONEAR ZERO IN ATTEMPT TO TRY TOBOOST THE AMERICAN ECONOMY.THE FED SAYS IT PLANS TO BUYOUT BILLIONS OF DOLLARS INGOVERNMENT AND MORTGAGE-BACKDEBT STAYING WILL USE QUOTEITS FULL RANGE OF TOOLS TOSUPPORT THE FLOW OF CREDIT TO

You might like

Related news coverage

Advertisement