The US Federal Reserve announced on Thursday that it has taken additional actions to provide up to $2.3 trillion in loans to support the economy. Key takeaways from the statement "Will assist households and employers of all sizes as well as state and local governments." "Will purchase up to $600 billion in loans through Main Street Lending Program aimed at small and midsize businesses using $75 billion in capital from the US Treasury."
Fed emergency package of measures: Facing coronavirus
FED'S LAST EMERGENCY MEASURES REVIEW
The Federal Reserve announced on Monday that it will establish facility to provide term financing to small businesses. The Federal Reserve further added that it will release additional details later this week.
The US Federal Reserve (Fed) recently took one more step to combat coronavirus (COVID-19). The Fed announced changes to calculate the supplementary leverage ratio, which the big banks have to maintain, for one year.
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FED Latest Analysis
March Fed Emergency Rate Cut
The Fed surprise rate cut shakes confidence in managing the next crisis. A rate cut of this magnitude after the most bullish day ever on the DJIA is a bad idea. Volatility has returned after the decision, a sign that the market is not taking it well.
The Federal Reserve has cut interest rates by 50 basis points in a shock move. Markets have leaped on the news that mitigates the coronavirus crisis. The mood may turn quickly as the Fed cannot fight the disease.
January Fed Decision Review
The first change is straightforward – the Fed has downgraded the language about household spending has changed from "strong" to "moderate." The bank is acknowledging that retail sales are perhaps not robust as it would want them to be.
Certainty is a rare commodity in finance and economics but today’s unanimous FOMC decision was about as close as markets are likely to come. The Fed governors reaffirmed that the current rate of 1.50% to 1.75% was appropriate for the economy and best suited for its employment and inflation...
Decemeber Fed Decision Review
Technical traders are often looking for a double-top or double-bottom to confirm a line of resistance or support. Also for fundamental traders, sometimes repetition is needed to trigger a move. Jerome Powell, Chairman of the Federal Reserve, has said that he would personally raise rates only after seeing significant and persistently high inflation. That contrasts the reaction function for cutting rates seeing a change to the future outlook.
October Fed decision review
If the Federal Reserve's statement was not hawkish enough – Chair Jerome Powell confirmed the upbeat stance. However, one comment on rate hikes seemed to have reversed the course of the dollar's gains, sending it down. Fed Chair Jerome Powell has said that only a significant rise in inflation would trigger a rate hike.
Following its 2-day meeting, the Federal Open Market Committee (FOMC) on Wednesday announced that it lowered the benchmark interest rate by 25 basis points to the target range of 1.75% - 2% in a widely expected decision. Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is scheduled to deliver his comments on the monetary policy outlook in a press conference at 18:30 GMT.