Life at The Top novel Chapter 1392

Jasper was very thankful.

Fortunately, Henry came in just in time to remind him of this. It allowed him to avoid a long series of platitudes, and capture only the important information.

“The United States is going to do a market rescue?”

Henry turned his head and asked Jasper.

When it came to economics, Henry knew that he would not be as good as even a single hair on Jasper’s head even if a hundred of him were stacked together, so he did not even think about it before asking the question.

“This is a very strong indication, and he seemed firm about it.”

Jasper narrowed his eyes and looked serious.

He knew that the United States officials would surely do a market rescue.

However, his memories regarding how and when the United States did this in the past life were a little vague. So what Greenspaner was about to say next would be very important.

Therefore, “Let’s wait and see, he should announce the plans soon.”

Sure enough, Greenspaner did not let Jasper and Henry wait too long before he directly announced a series of plans.

The tax relief and fee preferential policies to stimulate physical enterprises had little to do with Jasper. Therefore, he did not pay much attention to it. What really got Jasper’s attention were the following two actions.

“We will improve the United States stock market‘s review standards and requirements for foreign personnel and institutions entering the market.”

“Also, we’ll comprehensively reduce the benchmark lending rate and the statutory reserve requirement ratio by 0.3 basis points each.”

Although Henry did not know much about macroeconomics, he was aware of the importance of these two policies in the current situation.