Fed Rate Cuts Inject More Uncertainty into the Markets

Biblical investingauthorityDanCeliais summarizing a very turbulent economy and last night analyzed the Federal Reserve’s actions over the weekend with a focus on the public health crisis aspect.Q4 2019 hedge fund letters, conferences and moreFed Cuts Short-term Interest Rates“The Federal Reserve has decided to cut short-term rates to between 0% and .25%, basically removing any ammunition we had left now that we don’t have any dry powder,” Celia said Sunday night. “Powell decided to add $700 billion worth of quantitative easing (QE) into the credit markets. I believe the Federal Reserve is sayi…

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