The Federal Reserve is now officially spent. Saving the U.S. economy from this point forward is now up to someone else.
On Sunday, the Fed used the last of its conventional monetary ammunition to counter the economic crisis triggered by the new coronavirus. It cut its short-term interest-rate target a full percentage point to between 0% and 0.25%.
The…
Harry Miller is a writer and editor based in Toronto who has Ten years of experience in the journalism industry. Before coming to Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and a breaking news reporter with the Toronto Star. Miller currently holds two bachelor’s degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.
