The Federal Reserve will slash interest rates by half a percentage point, a large cut as coronavirus fears continue to mount.Rates are now set in a range of 1 percent to 1.25 percent, as of the decision.
The Federal Reserve will slash interest rates by half a percentage point, a large cut as coronavirus fears continue to mount.It was biggest single cut, and first emergency rate move, since the depths of the 2008 financial crisis.
<McCain frequently points out that he led "the largest squadron in the U.S. Navy," but Clark said on CBS television that that was not enough to support a claim to the presidency.>