Fed Just Announced Lowering Interest Rates to between ZERO and 0.25%

Fed Just Announced Lowering Interest Rates to between ZERO and 0.25% by Rory for The Daily Coin

This blows out the prediction I made back in October 2019 on The Gadfly where I said the Fed would drop a full point by the end of the first quarter of 2020 – right on time, the Fed drops it by more than 1.25 points. Bringing the total cut in rates since October by close to 2%, not the 1% I had predicted.

The Fed previously lowered the benchmark rate March 3 by 50 basis points.

President Trump has been pushing for Fed Chair Jerome Powell to drop rates to zero or below zero, saying he is “not happy with the Fed.”

“He has, so far, made a lot of bad decisions, in my opinion,” Trump said. Source

According the Fox News the Federal Reserve has just announced they will be lowering Fed Fund Interest Rates to Zero to 0.25% – that’s right ZIRP has arrived. More wealth transfer in the making. The wealthy are making their last stand to steal everything you own and they are going to get it.

Can’t forget the massive $700 BILLION Monthly QEnifity a combination of acquiring $500 BILLION monetized debt / buying US Treasuries and $200 BILLION in Mortgage Backed Securities – The Federal Reserve will not stop until they own every single house in the U.S. – if you still think you own you house stop paying property taxes and let me know what happens.

More to come as this was just announced, wanted to let you know as soon as possible.

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The Daily Coin

Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.