Why the Dow plummeted after the Federal Reserve set interest rates at 0%

Name: Why the Dow plummeted after the Federal Reserve set interest rates at 0%
Uploaded: 2020-03-20T22:09:25+00:00
Duration: 5 min 46 s
Channel: Insider
Description: When the Federal Reserve cuts interest rates, the stock market tends to rise. However, when the Fed cut rates to 0% on Sunday, March 14, Dow futures plummeted and trading was halted. Why didn't it go up, and what does a 0% interest rate mean?

Insider

7 years ago

When the Federal Reserve cuts interest rates, the stock market tends to rise. However, when the Fed cut rates to 0% on Sunday, March 14, Dow futures plummeted and trading was halted. Why didn't it go up, and what does a 0% interest rate mean?