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The Federal Reserve Unveils $2.3 Trillion in New Lending Programs

Posted: Fri, 10 Apr 2020 05:06:26 GMT

Original link: https://www.news.com.au/finance/the-federal-reserve-unveils-23-trillion-in-new-lending-programs/video/70e81263e505b1e8dd841f3c2209f389

Fed Chairman Jerome Powell explained the Fed’s new round of $2.3 trillion in lending programs in an online forum Thursday, but underscored the limits of the central bank’s powers to halt the economic impact of the coronavirus pandemic. Photo: Eric Baradat/AFP

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