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The Water Cooler
General Discussion
Fed reserve cuts rate to zero
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<blockquote data-quote="dennishoddy" data-source="post: 3337089" data-attributes="member: 5412"><p>The feds had our interest rate way above what other countries were doing for who knows what reason and it was holding back investment in our economy. Trump was on TV the other night pointing that out and commented he had the right to fire the director of the FED, but he really wasn't thinking about it, but he had the right.....</p><p>Sounds to me like he leaned on him a little and got the results needed to jump start this economy after this downturn gets restarted, and it will come back.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3337089, member: 5412"] The feds had our interest rate way above what other countries were doing for who knows what reason and it was holding back investment in our economy. Trump was on TV the other night pointing that out and commented he had the right to fire the director of the FED, but he really wasn't thinking about it, but he had the right..... Sounds to me like he leaned on him a little and got the results needed to jump start this economy after this downturn gets restarted, and it will come back. [/QUOTE]
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Fed reserve cuts rate to zero
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