Fed Announces Unprecedented Actions to Stabilize Markets

Fed Announces Unprecedented Actions to Stabilize Markets

Fed Announces Unprecedented Actions to Stabilize Markets The Federal Reserve announced br several new measures on Monday. Among the announced programs br is a further commitment of $300 billion br "supporting the flow of credit" for br Main Street businesses. The program will “support lending to eligible br small and-medium sized businesses." Fed Statement, via CNBC The Fed will also make a br first-time-ever purchase of br investment-grade securities in both br secondary and primary markets.


User: Wibbitz Top Stories

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Uploaded: 2020-03-23

Duration: 01:14