Federal Reserve To Buy Everything (Starts 9th Emergency Lending Program)

Sharing is Caring!

The corporate facilities are among nine emergency lending programs announced by the Fed to help shelter the U.S. economy from the Great Depression 2.0 and keep credit flowing. The move was a dramatic escalation of the central bank’s intervention, stepping into the corporate debt markets for the first time since the 1950s and including some sub-investment grade debt in the ETF purchases.

 

158 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.