"The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook,"The central bank's policymaking committee said it"expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve [the Fed's] maximum employment and price stability goals.
The Fed said it's"prepared to use its full range of tools to support the flow of credit to households and businesses."
Dang, glad I’m not retiring anytime soon😬
Great, Does that mean every last American citizen is free from debt! I am not speaking about business owners!.
TributeProjects Wait until Dow gets to zero.
Oh so throwing trillions of dollars at it didn't work? 😱😒
Remember realDonaldTrump ...this is what you asked for...you really have no idea how the stock markets reacts to situations like this. You pressured the Fed to cut when they shouldn't. It's added to the uncertainty. Good job!!
Now that the Republicans are starting to lose money, maybe they'll pay attention. trumpSlump
these people are crazy
At what point do the halt trading altogether? Everything else is shut down until the end of March, shouldn't trading be also?
and in the WH, trump is prob telling his ppl 'let's make the interest rate thing negative. i've got to this market up. talk to jared about the virus thing, i've got money to worry about'
Does the Ged have anything left to throw at this problem?
The Dow has now erased *the entirety* of gains made since January 2017 when Donald Trump took office. MAGAt
And people wonder why our President has declared bankruptcy multiple times.
Someone get Don jr and Trump on the line. Forcing the Feds hand may not have been the best idea lmao
Could interest rate cuts hurt a banks profitability when it comes to lending?
Trump 👇🏽
Trump: 'Dow Jones? I don't know him.'
Welcome To The Land Of Denial.
Aaahahahahahahahahahahahahaha
Oh, so the Fed absolutely losing their damn minds in public doesn't make investors feel confident someone is in charge? Why ever not?
Who really wants to retire anyway? *sigh*
Get. Him. Out!
Let’s put this in video game terms. Trump collected and used all his legendary items on trash mobs, laughing because he could one-shot them. Now he’s facing the BBEG and getting America’s ass stomped because all he has left is his starter sword and armor he forget to repair.
Imagine just how bad if the Fed had not cut rates and instituted emergency measures Now, there's no more bullets left to combat the crisis in the Fed arsenal Trump can't blame the Fed...it's all on him
The trader with the crazy white hair thanks you for using a different picture for this one :)
The market literally crashed at the open.
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