TEXT-FOMC statement on new Federal Reserve actions
The U.S. Federal Reserve on
Monday said it would begin backstopping an unprecedented range
of credit for households, small businesses and major employers
in an effort to offset the “severe disruptions” to the economy
caused by the coronarvirus outbreak.
Monday said it would begin backstopping an unprecedented range
of credit for households, small businesses and major employers
in an effort to offset the “severe disruptions” to the economy
caused by the coronarvirus outbreak.
Posted by Reuters
