Fed. Cuts Rates to ZERO. Pumps ANOTHER 700 BILLION INTO THE MARKET
Tag: Federal Reserve
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.
Related:
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
The Federal Government Is on an Unsustainable Fiscal Path
The Federal Government is on an Unsustainable Fiscal Path
Growing debt is not just a number—it represents a threat to our economy and our ability to meet national needs and priorities. The federal deficit (the amount of money spent vs. the amount collected) increased for the fourth consecutive year. This year—and for the foreseeable future—the annual deficit is expected to top $1 trillion.
Related:
FASAB Statement 56: Understanding New Government Financial Accounting Loopholes
MARKETS A LOOK AHEAD: Critical Report… By Gregory Mannarino
MARKETS A LOOK AHEAD: Critical Report… By Gregory Mannarino
You’ll Never Guess How Big Banks Want the Fed to Handle the Coronavirus: More Wall Street Deregulation
“Surely, the big banks aren’t craven enough to use COVID-19 as an excuse to lobby for long-sought regulatory rollbacks, right? Wrong!”
— Read on www.commondreams.org/news/2020/03/03/youll-never-guess-how-big-banks-want-fed-handle-coronavirus-more-wall-street
Big banks want regulation eased because of coronavirus. Experts call it opportunistic.
Who Benefits from the COVID-19 Hype? (Video)
Dow Drops 2.6% on Opening, Ignoring Good US Job Data
US President Donald Trump has stated that he thinks the financial markets will bounce back, but also that the Federal Reserve should cut interest rates again.
— Read on sputniknews.com/amp/business/202003061078495260-dow-drops-26-at-the-open-ignoring-good-us-jobs/
The Federal Reserve mentioned “coronavirus” 48 times in its economic survey
The virus is affecting things like demand for heavy machinery, potentially derailing a strong economy.
— Read on finance.yahoo.com/news/federal-mentioned-coronavirus-48-times-162232202.html
Fed May Need to Buy Other Assets to Replenish Tool Kit, Official Says
Mr. Rosengren also suggested that the Fed should strike an “explicit agreement with the U.S. Treasury Department” to protect the central bank against losses if it were to buy a broader range of securities or assets.
— Read on archive.is/VCWEw
“The Cut Was Front Run”: Some Traders Suspect Fed-Rate Tip-off
Marc Cohodes, a well-known market short seller, tweeted Tuesday that “The Cut”—the Fed’s 50-basis-point rate cut— “was front run”—meaning that some people seemed to be trading with advanced knowledge that it was coming—“late Friday and all day yesterday.” A longtime CME trader wondered who might have known in advance about Powell’s surprise Friday afternoon statement when the market was down 1,000 points. “Who told Powell to make a positive spin today[?]” he wrote me. “Did Powell just come up with idea when market was down 1000 points?… If someone knew that late in the day [about] a positive announcement, that person or group would buy when others were selling…. If you KNEW that POWELL was going to announce something positive and you wanted him to tell the world late in the day, then wouldn’t you start buying earlier in the day? Of course.”
— Read on www.vanityfair.com/news/2020/03/some-traders-suspect-fed-rate-tip-off
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