“Because the Federal Reserve recently cut interest rates to near 0%, “the Fed will be of little consequence now. They’ve already used what leverage they have.”
Joe Biden
Democratic presidential candidate. a debate. Claim dated 15 Mar 2020.
PolitiFact rated thisFalse
In short
Joe Biden (Democratic presidential candidate) made this claim around 15 March 2020. PolitiFact (United States) looked into it and published its finding on 18 March 2020, 3 days later. Its rating was “False”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.