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BullNBear52

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BullNBear52

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Sunday, 03/15/2020 6:06:23 PM

Sunday, March 15, 2020 6:06:23 PM

Post# of 54371
Wait till Monday and make sure you have your seat belts fastened and your tray tables in the upright position.

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
PUBLISHED SUN, MAR 15 20205:00 PM EDTUPDATED MOMENTS AGO
Steve Liesman
@STEVELIESMAN
KEY POINTS
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.

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html

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