Federal Reserve Chair Jerome Powell rate cut could save the stock market from the coronavirus

Mar 4, 2020 | Top Stories

By 99percent

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Federal Reserve Chair Jerome Powell rate cut could save the stock market from the coronavirus
Federal Reserve Chair Jerome Powell rate cut could save the stock market from the coronavirus 3Maybe the Federal Reserve’s emergency rate cut on Tuesday was the vaccine troubled markets needed in the short-term, even if investors didn’t react in kind at first. The Jerome Powell-led Fed shocked Wall Street by slashing interest rates by 50 basis points around 10:00 a.
News story posted on 2020-03-04T17:28:00.0000000Z

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