WASHINGTON, DC - MARCH 03: Federal Reserve Chair Jerome H. Powell announces a half percentage point interest rate cut during a speech on March 3, 2020 in Washington, DC. (Photo by Mark Makela/Getty Images)
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Federal Reserve cuts interest rates to zero
Situation Room
In a bold, emergency action to support the economy during the coronavirus pandemic, the Federal Reserve announced it would cut its target interest rate to zero.
01:07 - Source: CNN
Politics of the Day 16 videos
WASHINGTON, DC - MARCH 03: Federal Reserve Chair Jerome H. Powell announces a half percentage point interest rate cut during a speech on March 3, 2020 in Washington, DC. (Photo by Mark Makela/Getty Images)
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Federal Reserve cuts interest rates to zero
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MTG says Trump told her to 'be nice' to Speaker Johnson
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Watch Biden's full speech on immigration at the border
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Paula Reid outside Hunter Biden court
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CNN reporter describes Jill Biden's reaction to verdict
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Hunter Biden arrives to federal court on Friday, June 7, in Wilmington, Delaware.
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Paula Reid breaks down the details of Hunter Biden's conviction
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Hunter Biden arrives with his wife Melissa Cohen Biden at the federal court for his trial on criminal gun charges in Wilmington, Delaware, on June 10, 2024.
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Last night the jury was split in half. Juror tells CNN what changed
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Hear how the women in Hunter Biden's life played a big role in court
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Ex-federal prosecutor says Garland needs to do 2 things during congressional hearing
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Hunter Biden arrives to federal court on Friday, June 7, in Wilmington, Delaware.
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Former prosecutor weighs on why Hunter Biden's silence might be golden
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GOP challenger to Rep. Mace describes her abortion stance
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WASHINGTON, DC - SEPTEMBER 20: U.S. Attorney General Merrick Garland testifies before the House Judiciary Committee in the Rayburn House Office Building on September 20, 2023 in Washington, DC. The committee is holding an oversight hearing on the U.S. Department of Justice. (Photo by Win McNamee/Getty Images)
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Garland slams conspiracy theories targeting DOJ and FBI operation
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Fauci gets emotional discussing threats made against his family
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'I would like him to feel what I felt': Michael Cohen on Trump facing possible jail time
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Charlamagne tha God: America has zero protection from people like Donald Trump
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Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, U.S. July 26, 2023. REUTERS/Jonathan Ernst
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Ex-federal prosecutor expects Hunter Biden to be found guilty. Hear why
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Former President Donald Trump speaks at Trump Tower in New York City on May 31.
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Daniel Dale debunks Trump's repeated false claims in post-conviction remarks
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