Taking Shape: The Fed’s Plan to Stabilize the Economy

Taking Shape: The Fed’s Plan to Stabilize the Economy

Skimm This - March 16, 2020 - 13:14

The Federal Reserve dusted off its Great Recession playbook on Sunday to find ways to boost the US economy. It cut interest rates to close to zero percent and will buy up $700 billion in financial assets to help get the economy through the COVID-19 pandemic. We’ll break down what these new steps could mean for you and how markets reacted. Meanwhile, social distancing is the new going out. We’ll explain why you should get on board. Also on today’s show: a big commitment at last night’s CNN debate, and a forgery of biblical proportions. We’d love to hear your tips for helping your community during the COVID-19 outbreak. Call and leave us a voicemail at: 646-461-6370.

Previous Episode

Results Pending: The Plan to Increase COVID-19 Testing

March 13, 2020 - 14:14
President Trump declared a national emergency today over the COVID-19 outbreak, and said more Americans should be able to get tested...

Next Episode

This is New: Voting During a Pandemic

March 17, 2020 - 11:54
The COVID-19 caseload in the US topped 5,000 today, but Florida, Illinois and Arizona kept calm and carried on with primary voting....

About The Show

“Skimm This” is a weekly news program that breaks down important stories from the past week and adds context and clarity to answer the questions on your mind. Every Friday morning.