Breaking News

Fed moves to backstop funding for U.S. companies as coronavirus fallout spreads

By Howard Schneider and Lindsay Dunsmuir (Reuters) - The U.S. Federal Reserve moved Tuesday to ensure the flow of credit to U.S. companies, banks and even local governments amid a nationwide scramble for ways to blunt the economic fallout from the coronavirus crisis

The post Fed moves to backstop funding for U.S. companies as coronavirus fallout spreads appeared first on Firstpost.



from Firstpost https://ift.tt/2IViKO1
https://ift.tt/eA8V8J

No comments