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benchmark short-term rate – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 16 Mar 2020 16:30:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png benchmark short-term rate – DIGIT INFO https://www.digit.info 32 32 Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus https://www.digit.info/bitcoin-reacts-to-feds-0-rate-drop-reserve-requirements-removed-700b-in-stimulus/ Mon, 16 Mar 2020 16:30:57 +0000 https://www.digit.info/2020/03/16/bitcoin-reacts-to-feds-0-rate-drop-reserve-requirements-removed-700b-in-stimulus/ Read more]]>

Bitcoin Reacts to Fed's 0% Rate Drop, Reserve Requirements Removed, $700B in StimulusOn Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate cut didn’t help financial markets as stock markets and […]

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