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Gold Spikes – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 04 Mar 2020 13:20:28 +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 Gold Spikes – DIGIT INFO https://www.digit.info 32 32 Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty https://www.digit.info/coronavirus-prompts-fed-to-slash-interest-rate-stocks-slide-gold-spikes-bitcoin-uncertainty/ Wed, 04 Mar 2020 13:20:28 +0000 https://www.digit.info/2020/03/04/coronavirus-prompts-fed-to-slash-interest-rate-stocks-slide-gold-spikes-bitcoin-uncertainty/ Read more]]>

Coronavirus Prompts Fed to Slash Interest Rate - Stocks Slide, Gold Spikes, and Bitcoin UncertaintyThe U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. The announcement didn’t have a […]

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