UPDATE 1-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
launched other measures from its crisis-era toolkit, along with
other central banks, to put the floor under a rapidly
disintegrating global economy assailed by efforts to contain the
escalating coronavirus pandemic.
slashed rates back to near zero, restarted bond buying and
launched other measures from its crisis-era toolkit, along with
other central banks, to put the floor under a rapidly
disintegrating global economy assailed by efforts to contain the
escalating coronavirus pandemic.
Posted by Reuters
