For the first time the Fed will back purchases of corporate bonds and make direct loans to companies, and will roll out "soon" a program to get credit to small and medium-sized business. It also said it will expand its asset purchases by as much as needed to stabilize financial markets.
from Moneycontrol Latest News https://ift.tt/2vIoEPx
Tuesday 24 March 2020
US Fed aims #39;bazooka#39; to backstop coronavirus-hit economy
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