Fed slashes rates in emergency coronavirus move, Trump calls action 'terrific'


Business

Posted

With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating global coronavirus pandemic. This report produced by Chris Dignam.



READ SOURCE

READ  SAIL's iron ore mines in Jharkhand and Odisha posts a growth of 5.25% and 4.62% respectively

LEAVE A REPLY

Please enter your comment!
Please enter your name here