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BREAKING: Fed takes emergency action to slash short-term rate to nearly zero and ease banking rules to encourage lending. Find updates here:

March 15, 2020 GMT.

March 15, 2020 GMT
 

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twithersAP Good for those who save. A whole 2 cents interest on every 100$. That'll help

During times like this I hope no one borrows money as the interest rate later tacked on after this is over, prob will sink the financial ship of any household!

To encourage bad lending?

More lending will stop the coronavirus, thank you fed

Tighnacoille Just fired off the last of the ammo then?

Whoopie. That’ll stick it to the virus and stop it cold.

Damn we are going to pay for this

Can help the banks but we can't even get 14 days paid sick leave for all workers. America has issues.

Their explanation for the QE is bullshit. They have been addressing that with the REPO market now to the tune of 10+ Trillion(1.5 Trillion last week).

Once again rewarding the Wall Street CROOKS who staged a sell-off to 'take profit', exploiting the national health emergency. The con man fraudster in-chief trying to buy the election.

I’m not trying to borrow money because realDonaldTrump fucked the CDC

votevets votolatino NAACP AARP Aoc This is Stupidity people are holding onto what money they have to pay bills by medicine and groceries and medical bills not borrow money. Only trumps rich friends benefits here.

How is this going to help

Oh gee. Let those who are panicking borrow $ that they later won't be able to pay back...

😱😱😱😱😱😱😱😱😱😱😱😱😱😱

JuliaDavisNews Awesome lets go buy stuff to use while we have some unpaid time off.

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