
The Federal Reserve announced on Sunday that it would cut interest rates to near zero, with the benchmark for consumer interest rates to drop to between 0% and 0.25%.
Source: LifeHacker – How a ‘Near Zero’ Interest Rate Affects Your Money

The Federal Reserve announced on Sunday that it would cut interest rates to near zero, with the benchmark for consumer interest rates to drop to between 0% and 0.25%.
Source: LifeHacker – How a ‘Near Zero’ Interest Rate Affects Your Money