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Transcripts For FBC Making Money With Charles Payne 20240713

Charles at this moment all eyes on the Federal Reserve as coronavirus fears rattle the market. Breaks news from boston fed president aaron, give us the news, jennifer. Good afternoon, charles. Boston fed giving a speech in new york this afternoon saying the fed should consider buying a broaderrange of assets besides treasuries should rates go to zero. That policy would require change to the Federal Reserve act, rosenbrend says a facility that could buy assets if treasury agrees to backstop it and offer and hes one that is caution that lowering rates at the risk of pushing investors into riskier assets could lead to bubbles in markets and now suggesting this policy really taking a page out of japans playbook. That would not stimulate the economy. All of this, of course, on a yield when the year on the 10year hitting alltime new low. This is the last time that fed officials will talk before they meet for their policy meeting next week to determine whether to take further policy action, c

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