ABSTRACT

Federal Reserve: Monetary Policy Actions in Response to COVID-19 [April 13, 2020]   [open pdf - 611KB]

From the Document: "The Federal Reserve (Fed) has taken a number of steps to promote economic and financial stability in response to the coronavirus pandemic (COVID-19). This Insight covers actions related to monetary policy--actions intended to lower interest rates or increase overall liquidity. Due to the severity of economic disruption, actions that increase overall liquidity have not been sufficient to maintain financial stability, and the Fed has also directly lent to firms and purchased private securities."

Report Number:
CRS Insight, IN11330
Author:
Publisher:
Date:
2020-04-13
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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