Fed to buy short-term corporate debt in emergency move
The U.S. Federal Reserve on Tuesday
said it would relaunch financial crisis-era purchases of
short-term corporate debt to thaw credit markets strained by an
escalating public health emergency that has disrupted daily life
for millions of Americans and threatens to push the economy into
recession.
said it would relaunch financial crisis-era purchases of
short-term corporate debt to thaw credit markets strained by an
escalating public health emergency that has disrupted daily life
for millions of Americans and threatens to push the economy into
recession.
Posted by Reuters
