- The Federal Reserve cut interest rates to 0%.
- Usually when this happens, the stock market goes up.
- That didn't happen this time - trading was halted, and the market went down even more the next day.
- Because rates were already low, there wasn't much further the rate could have gone - which means the Fed is out of bullets.
Why the Dow plummeted after the Federal Reserve set interest rates at 0%
Exa Zim,Matthew Stuart,Sara Silverstein
Advertisement
Popular Right Now
Advertisement
Popular Keywords
Advertisement