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Trump: The Federal Reserve cuts interest rates to zero percent to reduce the economic repercussions of Corona


Trump: The Federal Reserve cuts interest rates to zero percent to reduce the economic repercussions of Corona.


US President Donald Trump held a press conference at the White House on the developments of the new Coronavirus "Covid 19" outbreak in the United States.

During which Trump announced that the Federal Reserve cut interest rates to zero percent to reduce the economic repercussions of Corona.


He was pleased with the Federal Reserve’s decision to cut interest rates to counter the economic effects of the Coronavirus outbreak, and said, “The Fed’s decision makes me happy.”

Bin also launched the US Federal Reserve's Facilitation Program and will collaborate with major central banks to support global markets.

On the other hand, Trump called on Americans not to panic about the spread of the virus and the presence of commodities on the market, calling on them not to over-shop and buy.


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