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23 March 202023.01 Against the risk of a new Great Depression, the Fed goes into 'war' and is committed to unlimited purchases of Treasury and mortgage-related securities, pushing for the first time in its history to offer direct support to companies, families and municipalities. Measures needed to deal with the extraordinary emergency of the coronavirus which - warns the director of the IMF - will plunge the global economy into a recession perhaps worse than that of 2008 this year.Usa, Fed buys bonds without limits
2020-03-23T22:12:27.150Z
23.01 Against the risk of a new Great Depression, the Fed goes into 'war' and is committed to unlimited purchases of Treasury and mortgage-related securities, pushing for the first time in its history to offer direct support to companies, families and municipalities. Measures needed to deal with the extraordinary emergency of the coronavirus which - warns the director of the IMF - will plunge the global economy into a recession perhaps worse than that of 2008 this year.
Source: rainews