Federal Reserve cuts interest rates to near zero in attempt to prop up US economy

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Move is part of coordinated effort with European Central Bank and others to see off potential economic crisis due to coronavirus

The US Federal Reserve stepped in on Sunday to prop up the US economy in the face of the escalating Covid-19 crisis.

 

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And the Equity Futures are NOT happy. Down 1,000 points.

It won't work

Artificialy

can trump economic policies of tax cuts and regulatory relief have been that great if businesses still need such levels of support?

Banana republic. Biggest criminals on the planet central banks. Time to tear the whole thing down.

Good news 👍👍 anyone in the UK been contacted by Marbles who are putting interest rates UP but give no reason !!!!! Shameful act 🤬🤬🤬🤬🤬

A month ago the Dow was 29232.19. Friday's close, with a 'huge rally' was 23185.62. This huge loss represents millions of American's 401Ks and 403Bs, our retirements, our children's future.

Maybe they can pass some of that on to credit card holders.

Failed businessman tries to buy off virus like he did an election and porn Star. New headline!!

Applying defib to an already dead corpse.

Ha ha money printer goes zoom

Capitalism eating itself

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