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Even though the Fed slashed interest rates to near zero, lenders are worried no one will be able to pay back their loans.
Investors are practically begging the Fed to cut rates again as coronavirus threatens the economy — even though the central bank just did
"We are willing to do more. But we are monitoring the situation. We can meet at any time," the president of the St. Louis Fed told Bloomberg TV.
Here’s how one expert says the Fed’s emergency rate cut could create a toxic situation where higher prices conflict with coronavirus-stric...
"The biggest risk right now is the stagflationary environment where we have these higher prices coupled with lower growth," Davis said.
The Fed announced an unexpected interest rate cut on Tuesday. Here’s a timeline of the last 7 emergency rate cuts
"The fundamentals of the US economy remain strong. However, the coronavirus poses evolving risks to economic activity," the FOMC said in a statement.
The 10-year Treasury yield falls below 1% for the first time ever as coronavirus fears send traders scrambling to safety
The benchmark bond yield fell even after the Fed announced an emergency rate cut Tuesday to protect the US economy from slowing due to coronavirus.
Tuesday's 50-basis-point rate cut is the Federal Reserve's first emergency adjustment since the 2008 financial crisis.
The Federal Reserve may not be able to do much to mitigate the economic fall out from the coronavirus, even if they cut interest rates.
The Fed just cut interest rates for the 2nd time this year. Here’s what the decrease means for your wallet.
The Federal Reserve's latest interest rate cut will affect all different types of non-mortgage loans like credit card rates.
New Zealand and India on Wednesday made bigger-than-expected rate cuts. "Everyone's trying to pick a side," one analyst said.
An expert says the Fed’s interest rate cut is so ‘minuscule’ when it comes to credit cards that it saves the average person in debt ...
With the median credit-card APR at 21.48%, a quarter-percentage point drop likely won't be felt by many credit-card holders who carry a balance.