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Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion (www.foxbusiness.com)
posted ago by FuckU/Spez ago by FuckU/Spez +2619 / -0
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– TheInky 1 point ago +1 / -0

What does it mean when the fed cuts interest rates? Are they telling banks to reduce the amount of money they hold in reserve?

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