Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries,” the Fed said.

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Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines

Trump says ‘relax,’ urges against hoarding as coronavirus cases soar and Fed cuts rates to zero