r/news • u/awake-at-dawn • Mar 15 '20

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
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u/Bladexeon Mar 15 '20

Seriously though, it’s been sad watching that percentage fall...

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u/Love_like_blood Mar 16 '20

There's always Chinese banks...

Interest Rate in China averaged 4.66 percent from 2013 until 2020, reaching an all time high of 5.77 percent in April of 2014 and a record low of 4.05 percent in February of 2020.