The Federal Reserve has clarified that it will keep rates within this range until the crisis is over. The decision was taken unanimously by voters, minus one, who would have preferred a lower rate cut. The Fed also announced the purchase of $ 500 billion in treasury bills and $ 200 billion in mortgage securities.
title: “Coronavirus The Fed Lowers Its Key Rate By 1 Point To A Range Of 0 To 0 25 " ShowToc: true date: “2023-03-12” author: “Theodore Davis”
The Federal Reserve has clarified that it will keep rates within this range until the crisis is over. The decision was taken unanimously by voters, minus one, who would have preferred a lower rate cut. The Fed also announced the purchase of $ 500 billion in treasury bills and $ 200 billion in mortgage securities.
