/biz/ - Business & Finance

>>16006742
>Apparently the Fed needed to do this in the middle of the day, outside their scheduled meetings, and not even during the overnight lending window.
This is actually the most surprising part about this announcement to me. Why would they have released that statement half an hour before the markets close? Usually it would be after they close or before they open, like with the last statement they put out on the 11th. Were they forced to in order to prevent something big from happening?