Whatever it Takes Moment: Federal Reserve Announces Unlimited Bond Purchases

Posted on 03/23/2020


On March 23, 2020, as House Speaker Nancy Pelosi throttled a US$ 1.8 trillion coronavirus stimulus package, the U.S. Federal Reserve moved to act to help stabilize the U.S. economy – and “and thereby promote its maximum employment and price stability goals”. The Federal Reserve revealed a plan for an unlimited expansion of bond purchasing […]