Fed Cuts Interest Rates in Bid to Protect Economy: Live Updates
The Federal Reserve cut interest rates to near-zero and said it would buy up huge amounts of government and mortgage-backed debt in an effort backstop the United States economy. [Source]
Publication Date:Origin: nytimes.com
Category: United States Economy
Topics: economy, States, United, backstop, effort, mortgage-backed, government, amounts, would, near-zero, rates, interest, Reserve, Federal, Updates, Economy, Protect, Rates, Interest
Source: https://www.nytimes.com/2020/03/15/business/stock-market-today-coronavirus.html