Fed keeps rates near zero — it’s good to borrow at low interest rates, experts say. Here’s what else it means for your wallet

The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes until the economy starts to recover from the coronavirus crisis. In addition to holding rates near rock bottom, the central bank also said it will extend its lending and credit initiatives until at least the […]

Fed keeps rates near zero — it’s good to borrow at low interest rates, experts say. Here’s what else it means for your wallet

The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes until the economy starts to recover from the coronavirus crisis. In addition to holding rates near rock bottom, the central bank also said it will extend its lending and credit initiatives until at least the […]