Fed Emergency Rate Cuts Came as Economy Turned ‘Profoundly Uncertain’
The Federal Reserve chair, Jerome H. Powell, and his colleagues slashed interest rates to near zero on March 15, and meeting minutes show why. [Source]
Publication Date:Origin: nytimes.com
Category: United States Economy
Topics: minutes, meeting, March, rates, interest, slashed, colleagues, Powell, Jerome, chair, Reserve, Federal, Uncertain’, ‘Profoundly, Turned, Economy, Emergency
Source: https://www.nytimes.com/2020/04/08/business/economy/fed-emergency-rate-cuts-minutes.html