19 Mar WRAPUP 2-Fed announces more emergency moves to stem dollar, liquidity strains
The U.S. Federal Reserve
continued to roll out emergency support on Friday as it enhanced
efforts with other major central banks to ease a global
dollar-funding crunch, backstopped a market essential for U.S.
state and local government finances and ramped up its purchases
of mortgage-backed securities.
continued to roll out emergency support on Friday as it enhanced
efforts with other major central banks to ease a global
dollar-funding crunch, backstopped a market essential for U.S.
state and local government finances and ramped up its purchases
of mortgage-backed securities.
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