NewsLocal News

Actions

Federal Reserve cuts rates to zero

Posted at 5:24 PM, Mar 15, 2020
and last updated 2020-03-15 17:26:34-04

WASHINGTON, D.C. — The Federal Reserve announced Sunday that it would cut its target interest rate to zero, in response to the coronavirus pandemic.
The last time this happened was over a decade ago.

This is a developing story.