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