BIZ NEWS: Coronavirus 'war mode' pushes Fed balance past $5 trillion for first time - BUSINESS DAILY

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Thursday, 26 March 2020

BIZ NEWS: Coronavirus 'war mode' pushes Fed balance past $5 trillion for first time


Coronavirus 'war mode' pushes Fed balance past $5 trillion for first time



The Fed bought $355 billion of Treasuries and mortgage-backed bonds in the last week in what is now an open-ended commitment to stabilize financial markets.

via FOX BUSINESS NEWS https://ift.tt/3asLBWk

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