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Thursday, March 5, 2020

Why did the US Fed do emergency interest rates cut? - Part 2

I've been trying to figure out the real reason behind the FED emergency cut because the current economic situation doesn't warrant it as stated in my previous post.

http://sg-stock.blogspot.com/2020/03/why-did-us-fed-do-emergency-interest.html

However, I've discovered that the US defense department has projected a pandemic within 30 days.  I believe this pronouncement scares the FED so greatly that it must act upon it by doing an inter-meeting interest rate cut as the time is running out.

https://www.newsweek.com/coronavirus-department-defense-pandemic-30-days-1489876

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