Market rout didn't force US rate cut — but it was noted, Fed's Mester says

which line is right

Hehehe...Repo market printing is NOT QE, just printing more Paper!

...Cutting rate on emergency, 2 weeks before appointed date, is not out of fear, though we took into consideration; it's just us FED doing these things at WILL.

Who are you trying to fool?

L. Mester says action was called for due to deterioration in mid term outlook.
Probably will cut again when the second wave of infection starts to take hold.
The Bloomberg article claiming China going back to work, just means if you did not catch it the first go round you now have a second chance.

Fed you can be sure does not want a selloff in equities as there would develop Pension funding shortfalls. Are they able to prevent a selloff as covid-19 gains traction? Probably not unless they step in and Buy like the BOJ is doing.
They do not have a mandate to support equities even if that is where the focus has been which is proven by their actions of stepping right in any time a correction started to materialize.

Give these people credit for having a loose plan. There will have been criteria laid out for a 25bp emergency intervention. However this was superceeded by a 50 bp intervention. What the trigger was they wont tell but it was hit last week....... as they say up north "There's trouble at mill."

https://www.forexfactory.com/news/98...fer-more-clues

You misspelled "Fed and banksters always lie"

Fixed it 👏 👏 👏

You misspelled, "McAfee and crypto whales always manipulate and lie" there !

Ready to go up