SNP 500 chart on fed reserve rate cut

6 May 2020

This is to illustrate the Federal Reserve Rate Cut during the 2008 housing crash vs Present Day. The Rate cut was done in 2008 to come out of a recession. But presently, the rate is cut before we enter any recession. So if we do see a major recession, there is nothing for Fed to do except may be to go for negative interest rate.

Any thought?