Here's what five of them were saying on Tuesday leading up to and following the cut:Cramer, host of "Mad Money," was still waiting to see how bad the U.S. outbreak would get:
"This is the paradox of central bank policy. If you move proactively and prevent something from happening down the line, people will say, 'Well, why did you do that? You may have caused panic and made it worse.' But if you did nothing and something goes wrong, then people say, 'Well, you saw it coming, why didn't you do anything?' And so that's actually where [Fed Chairman] Jay Powell's words become so important of how he describes what he's doing.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
TradingNation An octopus would know more
TradingNation
TradingNation Not so surprising
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Fall Sharply Despite Surprise Fed Rate CutU.S. shares and government bond yields dropped sharply after the Federal Reserve lowered interest rates, but failed to assuage the anxieties of money managers monitoring the economic fallout from the coronavirus epidemic. Trump: I'm ordering a halt of the StockMarket. So it can't fall any further. But that's not Capitalism. That's Socialism. Trump: I don't care. The tanking stockmarket is going to destroy my economy & I'll go to jail if I don't get re-elected. But that's fascism. Trump: Do it Im so fuckin paranoid i need to quit or somethin i dont know anymore
Source: WSJ - 🏆 98. / 63 Read more »
Stocks Extend Drop Despite Surprise Fed Rate CutU.S. stocks and government bond yields slid after the Federal Reserve lowered interest rates, but failed to assuage the anxieties of money managers monitoring the economic fallout from the coronavirus epidemic. Time to buy? It will rebound; quit stoking fear
Source: WSJ - 🏆 98. / 63 Read more »