The Federal Reserve slashed its main interest rates to near zero in an emergency move. It's part of a broader government effort to ease the economic effects of the coronavirus pandemic.
The central bank also said it will increase its bond holdings by $700 billion. The emergency moves are part of a broader government effort to ease the economic effects of the coronavirus pandemic.
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In their last breaths. They slash interest rates to try and save themselves.
No worries it’s riseofchina
BlackMonday_2
This is getting crazy! Interested in how this all plays out!