08 Apr EXPLAINER-What the Federal Reserve has done in the coronavirus crisis
The Federal Reserve has moved into
overdrive to try to keep the U.S. economy from suffering lasting
damage from the coronavirus pandemic, announcing an emergency
interest rate cut on March 3 and rolling out new efforts almost
weekly since, including slashing rates to zero and relaunching
large-scale asset purchases.
overdrive to try to keep the U.S. economy from suffering lasting
damage from the coronavirus pandemic, announcing an emergency
interest rate cut on March 3 and rolling out new efforts almost
weekly since, including slashing rates to zero and relaunching
large-scale asset purchases.
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