The U.S. Federal Reserve on Monday mounted an extraordinary new array of programs to offset the “severe disruptions” to the economy caused by the coronarvirus outbreak, backstopping an unprecedented range of credit for households, small businesses and major employers.
— Read on www.reuters.com/article/us-health-coronavirus-usa-fed/u-s-fed-aims-bazooka-at-coronavirus-to-backstop-economy-idUSKBN21A1U2