How low can it go? Well, it is now at zero on the interest rate side of things and then there is the borrowing to prop up the bond market. Note, this is the second time in recent days that the Federal Reserve has taken action before a scheduled meeting to "put juice" into the economy. After their last action, the market had a precipitous drop. Monday morning will be interesting to watch ...
The good news for the Federal Reserve is that now they have done everything that President Trump has asked for. There is little more to give!
