Is credit policy the new normal for the Fed?

The Federal Reserve’s response to the coronavirus crisis has been forceful. Since the beginning of March, it has implemented a sequence of closely co-ordinated measures in a very short space of time. It is an unprecedented month of policy action for the central bank – and there is likely more still to come.

Most notable in its response to the economic fallout caused by the coronavirus has been the application of a number of lending facilities under Section 13(3) of the Federal Reserve Act. The

You are currently unable to copy this content. Please contact [email protected] to find out more.

Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!