FED panic

[Gallego99]

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

• In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing.
• The QE program will entail $700 billion worth of asset purchases entailing Treasurys and mortgage-backed securities.
• Markets responded negatively, with Dow futures pointing to a drop of 900 points when the market opens Monday morning.

https://www.cnbc.com/2020/03/15/fed...-700-billion-quantitative-easing-program.html

 

[Gallego99]

We're back to where we started.

 

[tanwahtiu]

Who is trusting enemy no.1 US gahment warmonger.... they will hv no money to pay their t-bills.

The problem with buying US t-bills is u hv to support their economy for 4 years MTN 4 years in hope u can cash out.... if they fail yr money gone liao..

 

[syed putra]

Now what did trump do to deserve this?

 

[Gallego99]

Negative interest rates on the way.

 

[syed putra]

Zero interest rates means it's islamic banking.
But Islamic banks themselves do not practice this.