Fed opens up toolkit to support flow of credit
Published on Wednesday, April 29, 2020 | Updated on Thursday, April 30, 2020
Fed opens up toolkit to support flow of credit
April’s FOMC statement, released today, confirms that the Federal Reserve (Fed) will continue with its aggressive strategy to deal with the economic fallout and downside risks.
Key points
- Key points:
- The Fed acknowledged the severity of the crisis
- Confirmed the elevated uncertainty and downside risks going forward
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