UPDATE 1-Fed working to bolster credit during ‘self-mandated’ recession: Kaplan
A raft of programs from the U.S.
central bank and a $2 trillion rescue bill nearing approval in
Congress are aimed at providing relief during a “self-mandated”
recession “so that when the virus is defeated we can walk, we
can run, and then we can sprint out of this,” Dallas Federal
Reserve bank President Robert Kaplan said on Friday.
central bank and a $2 trillion rescue bill nearing approval in
Congress are aimed at providing relief during a “self-mandated”
recession “so that when the virus is defeated we can walk, we
can run, and then we can sprint out of this,” Dallas Federal
Reserve bank President Robert Kaplan said on Friday.
Posted by Reuters
