Fed Cuts Rates To Zero

March 15, 2020

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Fed cuts rates to zero — *Image by Anita Mishra*

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The Federal Reserve Bank of the United States has cut the Fed Funds short term interest rate to 0.0-0.25%. The central bank will also be buying additional securities...$500 billion in US Treasuries, and an additional $200 billion in MBS (mortgage backed securities) to add liquidity to the general economy.

Breaking: Fed cuts rates to near zero and will purchase $500 billion in Treasurys, $200 billion in mortgage-backed securities, citing economic disruptions from coronavirus https://t.co/JYq82JRaHG
— The Wall Street Journal (@WSJ) March 15, 2020

Federal Reserve interest rates

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