chek't trips
tyb
Watch Live: Jay Powell Soothes Fraying Nerves At Fed Press Conference
Somebody do something!? Stock markets are down (maybe 1 or 2% from record highs) and while bond yields, commodities, and foreign stocks all signaling anxiety over global growth due to the coronavirus, it seems US traders remain convinced that The Fed can tamp down any global pandemic fears with its liquidity spigot…
So while no mention was made in the statement (not expected), all eyes and ears will be on Powell's presser now to promise something, anything to save us all…
Fed leaves rates unchanged, offers no new guidance on balance sheet
The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with officials pointing to continued moderate U.S. economic growth and a “strong” job market. “Job gains have been solid … and the unemployment rate has remained low,” the Fed’s policy-setting committee said in a statement announcing its unanimous decision to maintain the key overnight lending rate in a range of between 1.50% and 1.75%.
The Fed’s statement was little changed from the one issued after its December meeting, saying that the current federal funds rate was “appropriate to support sustained expansion of economic activity,” including ongoing job growth and a rise in inflation to the central bank’s 2% target.
https://www.zerohedge.com/markets/watch-live-jay-powell-soothes-fraying-nerves-fed-press-conference
https://www.reuters.com/article/us-usa-fed/fed-leaves-rates-unchanged-offers-no-new-guidance-on-balance-sheet-idUSKBN1ZS0HP
SAM092 East from St Louis. fairly good speed here @ 528kts
what ya got off sd coast? a bit active above.. 2by 2's east. all switched off of course.
ty boatfag!
had to get sumthing in quick. .