UPDATE 2-Fed balance sheet hits record, banks tap loans as crisis measures take hold
The U.S. Federal Reserve’s
balance sheet reached a record $4.7 trillion this week and banks
grabbed cut rate loans from the central bank as efforts to blunt
the economic damage of a global health crisis took hold.
balance sheet reached a record $4.7 trillion this week and banks
grabbed cut rate loans from the central bank as efforts to blunt
the economic damage of a global health crisis took hold.
Posted by Reuters
