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Ian Shepherdson

Ian Shepherdson latest

US: Fed Throws Saving Rope to Government, Businesses
March 24th, 2020 - 09:30 GMT

US: Fed Throws Saving Rope to Government, Businesses

In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will also begin lending to small and large businesses and local governments to help them weather the crisis. The Fed's announcement Monday removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged ...
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