The Fed plans to buy as much government-backed debt as needed and start aggressive programs to shore up businesses large and small.
Monday, March 23, 2020 8:05 AM EST
“Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate,” the central bank said in a Monday morning statement, adding that “the Federal Reserve is using its full range of authorities to provide powerful support for the flow of credit to American families and businesses.”
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