world economy
Written by: Li Fuyuan
2020-03-16 06:39
Last updated: 2020-03-16 06:48US President Donald Trump said at a White House press conference on Sunday (15th) that he welcomes the Federal Reserve ’s decision to cut interest rates in the face of a severe new coronavirus epidemic, describing “this is good news and makes me very happy”; He also called on citizens not to worry too much about the epidemic and hoard food in large quantities.
Trump said that the Fed ’s actions were completely unexpected and a surprise. He was very pleased. This move made the United States on par with other countries and was good for the United States.
At the same time, Trump stressed that the current food supply chain is working well, and several large grocery supply groups in the United States hope that he will come forward to help cope with the rise in panic and calm the market. He reiterated that retailers will remain open and supplies will be as usual, and people can buy some inventory, but should not overstock.
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