What The Fed’s Near Zero Rates Means for You

March 15, 2020 9:14 pm ET On Sunday, the Federal Reserve cut its short-term benchmark rate by 1 percentage point to near zero ahead of its scheduled March meeting to fight the economic fallout of the coronavirus pandemic.

More interests on credit card of course🤣🤣🤣 how can my local banks makes their money

this game they could play till zero...or tgey ready to pay back for loans

Means after you lose your job and Trump hand picks what corporations and Banks are too big too fail ,you can borrow money to buy 50 $ loaves of bread on fuk credit card .Then when u default some crook can take your house at 1% interest 30 yr loan

Stop the financial suicide. Prevent government officials from closing down our economy over nothing more the the flu. This is insanity. This one will make the crash of 1929 look like child’s play.

Every stupid that has Brain knows what zero means he/she does not need someone to explain what zero is. The rest is meaning less since pretty soon everybody will be out of job since the companies cannot afford to pay if there is no income. The CEO will not pay from their savings

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