Fed still has tools to help economy, Daly says
The Federal Reserve, which
has lowered rates to zero, bought trillions of dollars of U.S.
government debt and rolled out a range of lending programs to
battle the effects of the coronavirus pandemic, still has tools
to boost the economy, San Francisco Federal Reserve Bank
President Mary Daly said Thursday.
has lowered rates to zero, bought trillions of dollars of U.S.
government debt and rolled out a range of lending programs to
battle the effects of the coronavirus pandemic, still has tools
to boost the economy, San Francisco Federal Reserve Bank
President Mary Daly said Thursday.
Posted by Reuters
