Finance

Fed Cuts Rates To ZERO + $700 BILLION STIMULUS Amid Coronavirus Concerns

fed-cuts-rates-to-zero-700-billion-stimulus-amid-coronavirus-concerns



Fed cuts rates to ZERO amid coronavirus concerns, plus the US announces a $700 BILLION stimulus through quantitative easing… What did Fed Chair Jerome Powell have to say and what does this all mean for you? Find out in today’s episode.

Coronavirus concerns are continuing to affect the US economy 2020 in a major way. In our last episode, we gave you 3 simple steps to THRIVE in the Coronavirus Recession, be sure to watch that if you haven’t:
https://www.youtube.com/watch?v=Y5OFGxftLms

Much depends on how we all act during these times. Panic will make it worse, while realistic and strategic forward progress made by individuals will help to not make it worse.

RIGHT NOW is the best time to sign up for your FREE coaching session with VIP Financial Education.
http://www.FreeCoachingCalendar.com

Federal Reserve cut rates abruptly on Sunday – by 100 basis points to a target range of 0%-0.25% (as low as it can be without going negative).

A 50-basis point reduction happened just a couple of weeks ago.
See our video on that:
https://www.youtube.com/watch?v=HuZdnXUHA_s

Fed also announced a $700 billion stimulus (quantitative easing) to help the economy absorb the negative effects of the coronavirus outbreak.

Quantitative easing explained:
Quantitative easing is designed to help grow a sluggish economy or avoid a recession. It was a major part of the Fed’s response to the financial crisis in 2008 and has been credited with significantly helping to mitigate the effects of the aftermath of 2008’s financial crisis.

It’s clear that panic is only going to make things worse, but the intervention by the Fed and other central banks may actually be working to increase that panic.

Layoffs have already begun across the country… The S&P 500 and Dow Jones industrial average are both in bear market territory after seeing the fastest 20 percent drop in US stock market history…

Is this too little too late? Is this an extremely volatile market?
What can you do?

Get your money right by using the FREE Cash Flow Cruncher budgeting spreadsheet here:
http://www.cashflowcruncher.com
It’s way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel!

Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you!
http://www.investmentanalysisworksheet.com

Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/vipfinancialed

Make sure to check out our social channels for more insight and industry news!
Facebook – https://www.facebook.com/VIPFinancialEducation/
Instagram – https://www.instagram.com/vipfinancialed/
Instagram (Lifestyle) – https://www.instagram.com/vipfinancialedlifestyle/
Twitter – https://twitter.com/VIPFinancialEd
LinkedIn – https://www.linkedin.com/in/vipfinancialed/
BBB A+ Rating – https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/

Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as “VIP Financial Education”) are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided ‘as is’ and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content.

#FedChair #RateCut #QuantitativeEasing #FedCutsRatesToZero #VolatileMarket

source

0 Comments
Share

Robert Dunfee