Monday 30 March 2020
Home      All news      Contact us      India
in.reuters.com - 3 days ago

Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode

The U.S. Federal Reserve s balance sheet soared past $5 trillion (4.1 trillion pounds) in assets for the first time this week as it scooped up bonds and extended loans to banks, mutual funds and other central banks in its unprecedented effort to backstop the economy in the face of the global coronavirus pandemic.


Latest News
Hashtags:   

balance

 | 

sheet

 | 

trillion

 | 

first

 | 

enters

 | 

coronavirus

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

Sources