Sizing Up the Fed’s Historic Coronavirus Crisis Intervention

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Sizing Up the Fed’s Historic Coronavirus Crisis Intervention
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Here are some of the key moves the Fed has announced to intervene in the coronavirus crisis, what has happened to date and how markets have reacted

The Federal Reserve has calmed crucial parts of the markets, but other portions of the financial system remain stressed.

The central bank announced aggressive measures over the past month, pledging to buy assets from Treasurys to corporate-bond funds to municipal debt. It has pumped liquidity into short-term cash markets. It has even arranged to lend directly to companies.

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