Fed to inject $1.5-trillion into market to ease strain

Fed is taking drastic steps to inject more liquidity into the banking system as markets begin to show signs of stressThe Federal Reserve Bank of New York. Picture: REUTERS/CARLO ALLEGRI

The central bank will offer $500bn in a three-month repo operation on Thursday. It will offer an additional $500bn in one-month repo and $500bn in three-month repo loans on Friday. The Fed is also making notable changes to the maturities of the Treasury securities it purchases monthly to increase reserves. Starting on Friday, the central bank will buy across a range of maturities to match the composition of Treasury securities outstanding, including coupons, bills, Treasury Inflation-Protected Securities and Floating Rate Notes.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Market data — March 11 2020Market data including bonds, unit trusts and fuel prices
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Dow enters bear market as WHO calls coronavirus outbreak a pandemicAll three major US stock averages end the session sharply lower, while oil resumes its slide
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Business Maverick: Stock Rout Deepens, Haven Assets Surge After Trump: Markets WrapThe global stock rout deepened, the yen climbed and bond yields slid after President Donald Trump suspended all travel from Europe and stopped short of offering a detailed U.S. economic rescue package.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »