UPDATE 1-U.S. Fed moves to ensure liquidity in money market mutual funds
The U.S. Federal
Reserve rolled out its third emergency credit program in two
days to battle the fallout from the virus crisis, this one aimed
at keeping the $3.8 trillion money market mutual fund industry
functioning if investors make rapid withdrawals.
Reserve rolled out its third emergency credit program in two
days to battle the fallout from the virus crisis, this one aimed
at keeping the $3.8 trillion money market mutual fund industry
functioning if investors make rapid withdrawals.
Posted by Reuters
