Re:Fed cuts half point in emergency move amid spreading virus
by x86_64Ubuntu on Tuesday March 03, 2020 @02:39PM
(#22477994)
I'm an economic idiot, but the interest rates have started concern me. It's seemed like no one wants to cut them as that might put the brakes on "growth". There are also rumorings of a crash being around the corner. So if a crash does come about, what's the Fed going to do seeing as how rates are already bottomed out?
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Re:Fed cuts half point in emergency move amid spreading virus
by andrekandre on Tuesday March 03, 2020 @04:45PM
(#22479023)
> So if a crash does come about, what's the Fed going to do seeing as how rates are already bottomed out?
potentially, negative interest rates, that’s what [1]
[1] https://www.investopedia.com/articles/investing/070915/how-n...
Re:Fed cuts half point in emergency move amid spreading virus
by csa on Tuesday March 03, 2020 @03:50PM
(#22478591)
> It's seemed like no one wants to cut them as that might put the brakes on "growth".
I assume you meant “raise” instead of “cut” here.
If so, you are correct, and the question about what the fed does when the market corrects/crashes is why a lot of folks are wringing their hands right now.