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A comment on Fed cuts half point in emergency move amid spreading virus. Parent comment

Re:Fed cuts half point in emergency move amid spreading virus by AnimalMuppet on Tuesday March 03, 2020 @12:16PM (#22476483)
This is the point of the Fed being independent - so that they can ignore Trump's tweets and do what they think the economy actually needs.

Now, they have recently done basically what Trump asks. Are they succumbing to Trump's pressure, or is Trump asking them to do what actually is the right thing?

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Re:Fed cuts half point in emergency move amid spreading virus by coliveira on Tuesday March 03, 2020 @01:47PM (#22477528)
They are independent, but not imune to pressure from a powerful person who doesn't recognize any boundaries to achieve his personal goals.
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