The Fed, in a series of statements, said it would cut the federal-funds rate to a range between 0% and 0.25%, down 1 percentage point, and would buy $700 billion in Treasury and mortgage-backed securities, among other actions.
Trump is a charitable old man.
Record needs to show that it sucks for Trump that this happened, but he has failed in crisis management. Miserably
Great, the virus is cured and I’m going on my trip to South America. Oh wait, the virus didn’t read our economic theories and political bullshit. Just doing what it always did.
You should have waited!
Trump is a one term president. He trashed the economy. He doesn't care about his base. The elderly are his base.
A better idea would have been a UBI for Americans. Middle income and poor spend money and there is a multiplier effect. Trump bailing out Wall Street showed lack of confidence, futures down.
WSJ gleefully awaiting recession.
Psht. Toward my ass; we’re here.
useless.
Send money to people to help pay rent when the country shuts down.
There's not gonna be any recession
Oh for god sakes the virus didn’t create this problem but came around in good timing to cop the blame only the stupid and uneducated zombies will buy this garbage
Yep making money available to all the Rich MF's at 0% interest will cure alll this crap up? geeez
Depression, not recession.
It is not the coronavirus but Trump's radical economic policies that lead to the recession.
You forgot to mention Trump's completely fckd up response
Never works. It just adds trillions into the system to start the next bubble and bust cycle.
il QE della BCE sarà di 700 miliardi di euro di cui 400 per la sola Germania
This usually works 🙄
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