Fed slashes rates, eases bank rules

By Updated: March 15, 2020 5:50 PM CT | Published: March 15, 2020 5:50 PM CT
The Federal Reserve took emergency action Sunday, cutting its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds in the coming months.

Topics

Federal Reserve Bank
Email Editions

Sign up for our morning and evening editions, plus breaking news.

Manage Your Email Subscriptions