Fed Announces $1.5 Trillion İn Capital İnjections To Combat Coronavirus Fallout

13 Mart 2020

The Federal Reserve Bank of New York on Thursday announced trillions of dollars' worth of new capital injections to calm Treasury-bill liquidity issues and boost economic activity amid coronavirus risks. The central bank said it would add $500 billion to money markets on Thursday afternoon through a three-month repo operation. One-month and three-month repos for $500 billion each will be conducted on Friday and continue to be offered weekly through the month, the bank added. That amounts to a $1.5 trillion capital injection this week alone.

Source: BusinessInsider
Post by : Republic of Turkey Ministry of Trade