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Analyzed News: S Federal Reserve

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Articles in topic S Federal Reserve

Texas business activity falls off the coronavirus cliff

Business conditions in Texas, the second-biggest U.S. state by economic output, deteriorated precipitously this month as the coronavirus pandemic slowed both supply and demand for a wide range of industries, surveys conducted by the Dallas Federal Reserve Bank show.

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Fed working to bolster credit during 'self-mandated' recession: Kaplan

A raft of programs from the U.S. central bank and a $2 trillion rescue bill nearing approval in Congress are aimed at providing relief during a "self-mandated" recession "so that when the virus is defeated we can walk, we can run, and then we can sprint out of this," Dallas Federal Reserve bank President Robert Kaplan said on Friday.

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