UPDATE 2-Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow
The U.S. Federal Reserve
slashed rates back to near zero, restarted bond buying and
joined with other central banks to ensure liquidity in dollar
lending to help put a floor under a rapidly disintegrating
global economy during the escalating coronavirus pandemic.
slashed rates back to near zero, restarted bond buying and
joined with other central banks to ensure liquidity in dollar
lending to help put a floor under a rapidly disintegrating
global economy during the escalating coronavirus pandemic.
Posted by Reuters
