The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

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France has imposed a 15-day quarantine
On the evening of Monday, March 16, French President Emmanuel macron made a televised address to the nation, in which he announced the introduction of a quarantine in the country…

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The Bank of Greece forecasts a stable situation in the real estate market
The impact of the pandemic on the domestic and global economy may affect the Greek real estate market in the short term. But as soon as the situation normalizes, demand…

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fed

The US Federal reserve lowered its base rate to almost zero

The us regulator is taking measures to protect the economy from the effects of coronavirus.

The us Federal reserve, which serves as the country’s Central Bank, cut its benchmark interest rate by one percentage point to 0-0. 25 % at an emergency meeting on March 15. This is stated in the report of the regulator.

“The Committee expects to maintain this target range until it is confident that the economy has withstood recent events and is on track for maximum employment and price stability targets,” the fed’s management said in a statement. Continue reading

Brokers in the US sell homes during the pandemic
Online deals, masked realtors and keeping a social distance are how the American real estate market is adapting to new conditions, the Washington Post reports. American States have different approaches…

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France closes schools and universities due to coronavirus
The coronavirus epidemic is just beginning, warns Emmanuel macron. On the evening of Thursday, March 12, French President Emmanuel macron announced in a televised address to the nation that all…

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Luxembourg became the first country in the world with free public transport
Buses, trams and trains in the country are now free, and you don't need to buy a ticket. Luxembourg became the first country in the world to make public transport…

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MIPIM international exhibition in Cannes postponed due to coronavirus
The organizers of the International commercial real estate exhibition decided to postpone the event to June. The international commercial real estate exhibition in Cannes, France, MIPIM has been postponed to…

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