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.



CD Media Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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