The Federal Open Market Committee had no further policy moves to announce after their meetings this week. This follows lowering rates dramatically in March, to a minimum level of 0.00-0.25%, to counteract anticipated economic effects of the coronavirus. Other current tools being used include unlimited buying of treasury and agency mortgage-backed bonds, designed to keep interest rates contained to a desired low level. Extensive facilities are also in place to help provide liquidity for domestic fixed income markets and even some ETFs. […]
Click here to view the full article
Source: LSA Connect
April 30, 2020
The Federal Open Market Committee had no further policy moves to announce after their meetings this week. This follows lowering rates dramatically in March, to a minimum level of 0.00-0.25%, to counteract anticipated economic effects of the coronavirus. Other current tools being used include unlimited buying of treasury and agency mortgage-backed bonds, designed to keep interest rates contained to a desired low level. Extensive facilities are also in place to help provide liquidity for domestic fixed income markets and even some ETFs. […]
Click here to view the full article
Source: LSA Connect
April 30, 2020
