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"The Fed Cut Rates to 0%. Here's What It Means for Mortgages, Student Loans, Credit Cards, and More," March 17, 2020
"The Fed Cut Rates to 0%. Here's What It Means for Mortgages, Student Loans, Credit Cards, and More" by Kaitlin Mulhere, Ian Salisbury and Martha C. White The Federal Reserve announced emergency steps to help the economy Sunday, as businesses across the U.S. slowed or shut down down entirely ahead of the spread of the coronavirus. The Fed’s moves — which involved cutting the short-term Federal funds rate to between zero and 0.
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By MONEY"The Fed Cut Rates to 0%. Here's What It Means for Mortgages, Student Loans, Credit Cards, and More" by Kaitlin Mulhere, Ian Salisbury and Martha C. White The Federal Reserve announced emergency steps to help the economy Sunday, as businesses across the U.S. slowed or shut down down entirely ahead of the spread of the coronavirus. The Fed’s moves — which involved cutting the short-term Federal funds rate to between zero and 0.