Pressure Is on Fed to Go to Zero Sooner, Rather Than Later: JPM’s Santos

The video discusses the need for immediate fiscal stimulus and the role of the Federal Reserve in managing liquidity during economic challenges. It highlights the pressure on the Fed to lower interest rates and the importance of fiscal measures to address economic issues caused by COVID-19. The discussion also covers the difference between market expectations and real economic needs, emphasizing the necessity of supporting small and medium enterprises to prevent job losses and bankruptcies.

In what ways can the Federal Reserve manage liquidity during economic downturns?

What is the relationship between market expectations and the real economy as discussed in the text?