75BPS! We're now at 0.25%! Target range 0.00 to 0.25%!
Fed Cuts Key Interest Rate To Between Zero and 0.25%
The Federal Reserve has cut its target
for a key interest rate to the lowest level on record
and pledged to use "all available tools" to combat
a severe financial crisis and prolonged recession.
The Federal Reserve has cut its target
for a key interest rate to the lowest level on record
and pledged to use "all available tools" to combat
a severe financial crisis and prolonged recession.