Protect yourself from prying eyes on the internet. Head to or use code TYT to get 75% off a 3-year plan. For a limited time, use code TYT for a free month.

David Stockman called Trump an economic ignoramus. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, break it down.

"The Federal Reserve announced Wednesday that it would cut interest rates for the first time since the 2008 financial crisis in a bid to protect the U.S. economy from a global downturn.

In a statement following a two-day meeting in Washington, the central bank's Federal Open Markets Committee (FOMC) announced it would cut its baseline interest rate range to 2-2.25 percent, a 0.25 percentage-point cut.

The widely expected cut comes after Fed Chairman Jerome Powell and top bank officials suggested the bank would reduce borrowing costs as insurance against global headwinds and stagnant inflation."

Code: SPORTS20. Sports Travel Discount. Get $20 Off. Promo Code: SPORTS20

More videos

NBA 21 Feb 2020 06:55 CET