Fed Slashes Interest Rates in Emergency Move as Coronavirus Fears Mount
The central bank said it would cut interest rates by half a percentage point, a pre-emptive move to protect the economy from the coronavirus. [Source]
Publication Date:Origin: nytimes.com
Category: Interest Rates
Topics: coronavirus, economy, protect, pre-emptive, point, percentage, rates, interest, would, central, Mount, Fears, Coronavirus, Emergency, Rates, Interest, Slashes
Source: https://www.nytimes.com/2020/03/03/business/economy/fed-interest-rates-coronavirus.html