Will the Federal Reserve Cut Interest Rates Below 0% This Week?
“Terrifyingly high unemployment and potentially rapid disinflation are powerful arguments in favor."
Fed Offers More Support for Loans, Corporate Debt
The Fed's latest moves in response to the coronavirus crisis take it "well beyond the lender-of-last-resort functions it played" during the Great Recession.
Moody’s Sees Potential Recovery in 2nd Half of 2020
But downside risks to growth remain high as the spread of the coronavirus and duration of lockdowns remain “highly uncertain."
Fed Offers Liquidity to Foreign Central Banks
The new FIMA Repo Facility is the Fed's latest move to relieve stresses in financial markets resulting from the coronavirus crisis.
Fed Loosens Examination Reins on Banks
The Fed is reducing its focus on exams to “minimize disruption and burden" on banks during the coronavirus crisis.
Fed Expands Asset Purchases to Boost Markets
“We are now in QE infinity, again,” a CIO says after the Fed announced unlimited asset purchases in response to the coronavirus crisis.
Fed Unveils Plan to Shore up Commercial Paper
The Fed will offer a liquidity backstop to ease funding pressures on large corporations amid the coronavirus outbreak.
Fed Repo Offers to Pump $1.5T Into Markets
"This is a full-blown crisis response operation, intended to make it abundantly clear that the Fed will not allow liquidity to dry up."
10-Year Treasury Hits Record Low on Virus Fears
“You can’t rule out the 10-year going to 50 basis points. It’s just around the corner now."
Fed Adopts ‘Stress Capital Buffer’ for Big Banks
The new buffer will use the results from the Fed's stress tests to help determine banks' capital requirements.
Fed Cuts Interest Rates in Emergency Virus Move
“We saw a risk to the outlook of the economy [from the coronavirus outbreak] and we chose to act," Fed Chair Jerome Powell says.