Federal Reserve Accelerates Treasury Purchases to Address Market Strains

The Federal Reserve accelerated previously announced purchases of Treasury securities Friday in a bid to prevent funding strains in financial markets worsening despite offers to provide vast sums of short-term loans one day earlier.

On Thursday, the central bank said it would buy $60 billion in Treasury securities over the coming month to address rising strains in the Treasury market, considered the world’s deepest and most liquid bond market.

Has anybody considered low interest short term loans for American trying to pay their bill and with little credit?

generalstrike mayday Work stoppage on 5/1. Tell your people. Demands to come.

The Fed wants to buy bonds to avoid market volatility. If that happens, expect the markets to further tank and the deficit to explode. The money will be in debt.

Wasted money

Love how that seemed to get passed in what an hour? Two days now and still no word about help for the people who will be out of work, no paychecks, honestly their greed never ends.

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