WRAPUP 1-Fed moves to backstop funding for companies as coronavirus fallout spreads
The U.S. Federal Reserve on Tuesday
acted to ensure companies can continue paying workers and buying
supplies through the coronavirus epidemic, restarting a program
it used to backstop a key financial market during the 2007 to
2009 crisis.
acted to ensure companies can continue paying workers and buying
supplies through the coronavirus epidemic, restarting a program
it used to backstop a key financial market during the 2007 to
2009 crisis.
Posted by Reuters
