FED TAGLIA I TASSI A ZERO E LANCIA QE DA 700BN !!!

Fed Announces Coordinated Action With Bank Of Canada, Bank Of England, Bank Of Japan, European Central Bank And Swiss National Bank -Six Global Central Banks Have Agreed To Lower Pricing On U.S. Dollar Liquidity Swap Arrangements By 25 Bps


The Fed also cut reserve requirement ratios for thousands of banks to zero. In addition, in a global coordinated move by centrals banks, the Fed said the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank took action to enhance dollar liquidity around the world through existing dollar swap arrangements.


Fed Chairman Jerome Powell is scheduled to hold a press conference via telephone at 6 pm eastern time. The actions by the Fed appeared to be the largest single day set of moves the bank had ever taken, mirroring in many ways its efforts during the financial crisis that were rolled out over several months. Sunday’s move includes multiple programs, rate cuts and QE, but all in a single day.