Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion
(www.foxbusiness.com)
Comments (286)
sorted by:
DEFAULT COMMUNITIES
•
All
General
AskWin
Funny
Technology
Animals
Sports
Gaming
DIY
Health
Positive
Privacy
Cutting rates at this point is BAD policy. It shows that the Fed is panicking and a recession is imminent. Futures already hit the down limit of almost 5%. Another huge down day in the markets likely tomorrow.
But it was good under Muh Obama amirite?
No they should've given Trump's policies from Friday a few days to kick in before blowing their ULT prematurely.
It reads like a panic when they do it on a weekend
Seriously wtf was this timing, things were looking somewhat good after Friday. Should have waited to step in only if we started having another huge downturn.
They know the media will campaign supply shortage after the corona hype dies down. Globalist companies will play games. We did see the Euroleaks and a huge italian mofia be brought down with Saudis purging corruption. That limits the globalist game playing.
That’s why they should just stop moving the interest rate. Everything they “think” should happen when they raise or lower rates doesn’t have to happen. Because in life theres something’s you just can’t predicate because people’s thinking is fluid.
Just always keep it at zero.