CD Media

Fed To Buy Securities…Markets Rise Off Lows

Fed To Buy Securities...Markets Rise Off Lows
Federal Reserve Districts Map

This story is developing…

The Federal Reserve Bank of the United States just announced more asset purchases beyond short term Treasuries in order to provide financial liquidity to companies as business conditions essentially halt and markets crater due to the Chinese coronavirus.

The Fed also announced $1.500B in new liquidity for the financial system in 3 month repo operations.

However, there was no mention of the dreaded ‘QE’.

Related posts

Capitulation – It Looks Bad On The Open Tomorrow

L Todd Wood

Turkey Bans Bitcoin As Lira Sinks

CD Media Staff

FOMC Minutes Show “Most” Fed Members See Taper Starting This Year

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!