Federal Reserve Launches QE Infinity buying Treasuries, MBS and Commercial Paper

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Truman
Participant

NYFed’s Williams:

Fed cannot act alone fiscal policy has a critical important role
Coronavirus crisis requires innovative thinking and bold action. Fed doing utmost to lessen below
New York Fed is taking rapid and significant actions to promote liquidity and stability in the financial markets
Stress is in financial markets will not entirely abate until pandemic is behind us
US economy hundred stress from coronavirus outbreak in ways not experienced in our lifetimes
Full-scale of the economic consequences is still unknown
more economic pain is still to come
Coronavirus crisis requires innovative thinking and bold action. Fed doing utmost to lessen below