Federal Reserve to lend up to $300B to businesses, cities

March 23, 2020 Comments Off on Federal Reserve to lend up to $300B to businesses, cities

In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs. The announcement Monday is part of the Fed’s ongoing efforts to ...

Tagged with: coronavirus coronavirus economic effect coronavirus economic impact COVID-19 Federal Reserve U.S Federal Reserve

European Central Bank joins Fed in paving way for stimulus

July 25, 2019 Comments Off on European Central Bank joins Fed in paving way for stimulus

The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB left its key interest benchmarks unchanged at ...

Tagged with: European Central Bank global trade tensions President Mario Draghi U.S Federal Reserve