Relevant:
- Federal reserve cuts target interest rate to zero to support economy during coronavirus pandemic
- Blame the Fed for the Financial Crisis
- How low will mortgage rates go?
- China cuts interest rates for third time in six months as economy sputters
- New Stimulus by Federal Reserve Is More Likely as Economy Lags
2009-01-06 — cnbc.com
"Federal Reserve officials feared the economy would be stuck in a painful rut for some time despite their decision to slash interest rates to a record low and pledge to use other unconventional tools to fight the worst financial crisis since the 1930s."
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