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Federal Reserve announces first emergency rate cut since the financial crisis

Name: Federal Reserve announces first emergency rate cut since the financial crisis
Uploaded: 2020-03-03T08:56:10-08:00
Channel: NBC Palm Springs
Description: (CNN) — The Federal Reserve slashed interest rates by half a percentage point on Tuesday, a bold attempt to give the US economy a jolt in the face of concerns about the coronavirus outbreak. It was the first unscheduled, emergency rate cut since 2008, and it also marks the biggest one-time cut since then. The […]

By: NBC Palm Springs

March 3, 2020

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