Tag
The Federal Reserve is creating a “lending facility” to keep things running smoothly for small business loans.
Dallas Fed president Robert Kaplan joined us to discuss the many challenges ahead.
For the first time, the central bank will buy corporate and municipal bonds to keep money flowing.
The central bank’s all-out effort has now gone beyond even the extraordinary drive it made to rescue the economy from the 2008 financial crisis.
The Fed’s cut to its short-term, emergency loan rate is meant to keep credit flowing to households and businesses.
The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook.
The U.S. government may need to spend its way out of a coronavirus-induced slowdown.
When it comes to the global economic outlook, words matter.
“A half a point is not going to cure anybody,” said Karen Petrou, managing partner of Federal Financial Analytics.
In a report submitted to Congress the Federal Reserve highlighted an increase in the riskiest investment-grade corporate debt.