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Fed Announces Unprecedented Actions to Stabilize Markets

2020-03-23 20 Dailymotion

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

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