CLEAN : Trump congratulates Fed after drastic virus measures

The video discusses recent changes in the Federal Reserve's monetary policy, including a reduction in the Fed rate from 1-1.25% to 0.25%. It highlights the significance of this change and its potential impact on the economy. Additionally, the Federal Reserve's plan to purchase $500 billion in Treasurys and $200 billion in mortgage-backed securities is outlined, with the possibility of increasing these amounts.

What was the previous range of the Federal Reserve's interest rate before the reduction?

• 1 to 1.25

• 1.5 to 2

• 0.5 to 0.75

• 2 to 2.5

To what value has the Federal Reserve lowered the interest rate?

• 1.0

• 0.25

• 0.75

• 0.5

How much has the interest rate been reduced by?

• About 0.5 points

• About 1 point

• About 1.5 points

• About 2 points

How much is the Federal Reserve planning to purchase in Treasurys?

• $400 billion

• $300 billion

• $500 billion

• $600 billion

What is the amount the Federal Reserve intends to buy in mortgage-backed securities?

• $200 billion

• $400 billion

• $100 billion

• $300 billion