UPDATE 1-U.S. Fed mounts aggressive new steps to combat coronavirus hit to economy
The U.S. Federal Reserve on Monday said
it would begin backstopping an unprecedented range of credit for
households, small businesses and major employers in an effort to
offset the “severe disruptions” to the economy caused by the
coronarvirus outbreak.
it would begin backstopping an unprecedented range of credit for
households, small businesses and major employers in an effort to
offset the “severe disruptions” to the economy caused by the
coronarvirus outbreak.
Posted by Reuters
