Federal Reserve Lowers Rates 0 – 0.25%

  • March 16, 2020
  • no comment
  • realestate

In a dramatic step Sunday meant to make borrowing as cheap as possible for American households and businesses as the coronavirus brings the U.S. economy to a near standstill, The Federal Reserve made its second emergency cut in two weeks, slashing 1% off its benchmark rate, and renewed a program to buy $500B in Treasury

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