• About
  • Contact
  • Give
Newsletter
NOQ Report - Conservative Christian News, Opinions, and Quotes
Monday, February 6, 2023
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
NOQ Report - Conservative Christian News, Opinions, and Quotes
No Result
View All Result

Federal reserve acts to stop coronavirus economic collapse. Did they move too slowly?

In short, yes, they acted too slowly.

by Lorie Wimble
March 15, 2020
in News
Federal reserve acts to stop coronavirus economic collapse Did they move too slowly

NOQ Report Is Moving to AmericaFirstReport.com

The Federal Reserve has instituted quantitative easing and will drop interest rates to spark borrowing following an emergency vote about the coronavirus’ effect on the economy. The vote to infuse the economy with $700 billion was unanimous while one member, Cleveland Fed President Loretta Mester, was the lone dissenter to the interest rate drop.

President Trump gave rare praise to the Fed, saying he was “very happy” with their actions during a Sunday coronavirus press conference. Meanwhile, Treasury Secretary Steve Mnuchin said he does not anticipate a full-blown recession occurring as a result of the coronavirus threat.

Federal Reserve announces emergency action to prevent economic crash over coronavirus fears

“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” the Fed said in a statement, the New York Times reported.

“The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses,” the bank added. “The committee will continue to closely monitor market conditions and is prepared to adjust its plans as appropriate.”

The stock market has been trending downward for two weeks now as businesses face massive losses from reactions to the coronavirus as well as trade suffering from reduced global movement. Consumers are still buying, though much of what they’re purchasing pertains to the coronavirus. Grocery store shelves are being emptied around the nation.

President Trump declared Sunday as a National Day of Prayer, prompting many Americans to turn to God for assistance through this crisis. Finger-pointing is prevalent with China saying the U.S. Army started the coronavirus outbreak and Norway cutting off travel in a snipe at the United States healthcare system.

The question that remains is whether or not the Fed acted too slowly. Despite the President’s praise, the Fed should have acted on this at least a week ago when they realized the stock market was in the process of crashing. While stock prices are expected to recover in the long term, too much wealth was wiped away. They could have propped up both the stock market and the public sentiment with a decisive move earlier. Instead, they waited until much of the damage was already done.

The U.S. economy will recover from this. The question is when, and that cannot be answered until we start seeing signs that the coronavirus threat is subsiding. Until then, American must tighten up and wait out the economic storm.



American Conservative Movement

Join fellow patriots as we form a grassroots movement to advance the cause of conservatism. We have two priorities until election day: Stopping Democrats and supporting strong conservative candidates. We currently have 7500+ patriots with us in a very short time. If you are interested, please join us to receive updates.

[yikes-mailchimp form=”1″]




Mixi.Media News

It behooves patriots to acquire physical gold and silver or make the move to self-directed precious metals IRAs from America-First companies that do not donate to Democrats. Go to Our Gold Guy for the personal buying experience with Ira Bershatsky. Go to Genesis Gold Group, a Christian fellowship-driven precious metals company. Or go to GoldCo for peace of mind from a bigger company.



We Often Feel Like David Taking on Giants

Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.

Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.

We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our Substack page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.

Thank you, and God Bless!

JD Rucker


Covid variant BA.5 is spreading. It appears milder but much more contagious and evades natural immunity. Best to boost your immune system with new Z-Dtox and Z-Stack nutraceuticals from our dear friend, the late Dr. Vladimir Zelenko.

Why We “Moderate” a Commentor’s First Post

Tags: CoronavirusEconomyFeaturedFederal ReserveInterest RatesLoretta MesterrecessionSteve MnuchinStock MarketTop StoryWall Street
Previous Post

The coronavirus side-effect: A nanny state

Next Post

Bernie got Biden to flat out lie about social security cuts, then CNN ran cover for Joe

Bypass Big Tech Censors



My Shows

The JD Rucker Show (Rumble)
The JD Rucker Podcast (Apple)
Red State Talk Radio (M-F 2pm ET)
America Out Loud (M-F 7pm ET)
America First Report (Substack)
The Late Prepper (Substack)
End Medical Tyranny (Substack)

Our Sponsors

 
MyPillow Promo Code

MyPatriotSupply

Z-Stack Life

Precious Metals

Shows

Vaccine-Hesitancy, Ukraine Biolabs, and Jason Nelson Exposes the World to the Chicken and Egg Crisis

Laura Loomer and Why the GOP Establishment Must Be Taken Down

Kristi Leigh: How Corporate Media Sells False Narratives

Mike Pence, Volodymyr Zelensky, and the Failing Deep State

The Bold Conservative Christian Worldview of Bryson Gray

Dean Cain, Jonathan Rose, Kari Lake, and Davos on The JD Rucker Show

Edward Dowd Reveals Who He Thinks Is Behind "Vaccine" Turmoil (Hint: It's NOT Big Pharma)

More People Are Dying Suddenly and 'Normies' Are Finally Taking Notice

Are the Masses Finally Waking Up to "Vaccine" Dangers?

Bypass Big Tech Censors

RSS The Federalist

  • There’s Nothing Controversial About Bethany Hamilton’s Stand For Women’s Sports
  • Jill Biden’s Frumpy Grammys Dress Is Not ‘Stunning’ Or ‘Brilliant,’ It’s A Sign Of Civilizational Decline
  • Here’s Everything Biden Won’t Tell You About The Disastrous State Of Our Union
  • The Hamilton 68 Twitter Op Is More Proof The Managerial Class Opposes The American Founding
  • Joe Biden Tees Up Kamala 2028 With Changes In Primary Calendar As Her Popularity Sinks

RSS The Blaze

  • CBS deletes 'We are ready to worship!' tweet that it had posted ahead of Sam Smith's 'Unholy' Grammy performance
  • Record percentage of Americans say they have been worse off financially since Biden was elected, according to new poll
  • Another woman who had been pronounced dead was found breathing at a funeral home, this time in New York
  • Synagogue attendees barely flinch as suspect fires off several rounds, though police say he used blanks: Video
  • Democratic senator taken to task for eyebrow-raising tweet: 'MAGA Republicans think they know better than women about abortion'

RSS PJ Media

  • The UN Wants Religious Groups To Toe the LGBTQ Line
  • Gov. Hochul and Mayor Adams "Reticketing" Illegal Immigrants and Busing Them to the Canadian Border
  • Was an Anti-Trafficking Protest in L.A. Legit or Political Theater?
  • You're Invited to a Very Special Event That VodkaPundit May or May Not Survive
  • Is Your Child Being Forced to Sit Through 'Silent Lunch' at School? You'd Better Find Out!

RSS National File

  • German Government Targets American Stew Peters for Twitter Censorship
  • Alabama Woman Admits to Killing Child Who Was Playing on Her Property
  • Soros-Funded Albemarle County Prosecutor Let DC Metro Shooter Go on Violent Charges
  • ‘This Is Deeply Immoral’: Croatian President Criticizes NATO’s Handling of Ukraine War
  • Man Runs Over, Fatally Stabs ER Doctor While Yelling About ‘White Privilege’

RSS Townhall

  • A Reply to Eric Metaxas’ “Letter to the American Church”
  • Count Out Trump at Your Peril
  • America's #1 Geo-Political Foe...China
  • The Ballooning Chinese Racial Hubris
  • The Pushback Against Gender Ideology Proves Conservatives Can Win The Culture War

RSS RedState

  • Biden Trips All Over Himself on Classified Docs and Spy Balloon
  • NYC Mayor Eric Adams Finally Lifts COVID Vaccine Mandates for Public Employees—but Won’t Automatically Reinstate Thousands of Fired Workers
  • Chris Christie Tells on Himself in War of Words With Donald Trump
  • Brian Deese Spews a Pack of Lies, Gets Busted on It Big Time
  • National Institute of Health Used Hormones on Trans-Identifying Youth During Study. Two of Them Committed Suicide
  • About
  • Contact
  • Give

© 2022 NOQ Report

No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts

© 2022 NOQ Report

>