Covid-19 Update and Recent Fed News: How it Impacts You
Posted by Mani Raveendran on Thursday, March 19, 2020 at 1:05 AMBy Mani Raveendran / March 19, 2020Comment
March 2020
Covid-19 Update and Recent Fed News: How it Impacts You
We are praying for everyone's safety amidst Covid-19.
This is the second emergency rate cut in two weeks, and brings the federal funds rate to between 0% and 0.25%. It's designed to stimulate the economy by making it cheaper for people to borrow money for a mortgage, among other things. Read the full article >>
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