At 11:30 pm tonight, the Federal Reserve launched an emergency closed door meeting. After checking with Deepseek, it was found that this is a fast procedure used in accordance with the "Rules of the Board of Directors on Public Observation Meetings", specifically for convening meetings of the board of directors to evaluate, discuss, and make decisions in emergency situations. However, due to sensitive content, it is not open to the public. Previously, this procedure was followed during the 2008 financial crisis when rescue plans were launched and the 2020 pandemic when interest rates were rapidly reduced 🤔