Why the Dow plummeted after the Federal Reserve set interest rates at 0%
Business Insider
Business Insider
  • 4 years ago
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?
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