What 0% Interest Rate Really Means
When the Federal Reserve cuts interest rates, the stock market tends to rise. However, when the Fed cut rates to 0% on Sunday, March 14, Dow futures plummeted and trading was halted. Why didn't it go up, and what does a 0% interest rate mean?
MORE BUSINESS INSIDER:
6 Times Trump Contradicted Public Officials About The Coronavirus Pandemic
• 6 Times Trump Contradicted Public Off...
10 Companies We Lost In The Last Decade
• 10 Companies We Lost In The Last Decade
Why Do School Buses Still Look The Same?
• Why Do School Buses Still Look The Same?
------------------------------------------------------
#Dow #FederalReserve #BusinessInsider
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Visit us at: https://www.businessinsider.com
Subscribe: / businessinsider
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo
--------------------------------------------------
What 0% Interest Rate Really Means
