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Fed cuts rates to combat impact of coronavirus panic

Fed cuts rates to combat impact of coronavirus panic

Amid fears of the economic fallout from the coronavirus outbreak, the US Federal Reserve has cut the interest rate by half a point on Tuesday. In an accompanied statement, the Fed said the move aimed the ’support of achieving its maximum employment and price stability goals’.

Lucas
Lucas
Julian
Julian 6 months

End the Fed

Adam Madad
Adam Madad 6 months

Oh yeah baby more cheap money for my coke habit.

sam
sam 6 months

I thought interest rates at the fed were dangerously low already? I recall reading those very words a month and a half ago.

Better dead than red
Better dead than red 6 months

Better news would be "Fed Collapses for No Reason and Takes Fiat Currency with It"

TheMadDane
TheMadDane 6 months

Yay, dont forget to keep pumping that QE into the market! lulz

.....
..... 6 months

Oh forbes begging on behalf of china to stop tariffs. No way! We've got China on the ropes!#banchina #banchina !!!!!! # banchina!!!!

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