Read more on this subject: Federal Reserve
News Story Source: Zero Hedge – Tyler Durden
The Fed unleashed a massive QE5/rate-cut/swap-line splooge overnight…
From reddit pic.twitter.com/PwX3YrWPxB
— Stalingrad & Poorski (@Stalingrad_Poor) March 16, 2020
And here's what The Fed hoped it would achieve…
BREAKING: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program pic.twitter.com/GilDEux96B
— Fischer Black (@fischersblack) March 15, 2020