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Articles in topic purchase

Fed bolsters credit market support with latest launch

The New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said.

[ ] businessNews,

TREASURIES-Yields fall as Fed commits to low rates, leaves bond purchases unchanged

U.S. Treasury yields fell on Wednesday after the Federal Reserve repeated its promise of continued extraordinary support for the economy and kept the size of its bond purchase program unchanged. Policymakers projected a 6.5% decline in gross domestic product this year and a 9.3% unemployment rate at year's end. The Fed also said it would maintain bond purchases at "the current pa

[ ] companyNews,

Dollar sinks to three-month lows as Fed keeps easing policy

The dollar extended losses, dropping to a fresh three-month low against a basket of major currencies on Wednesday after the Federal Reserve made no policy changes, as expected, and pledged to continue its asset purchases aimed at stabilizing a U.S. economy that has been ravaged by the novel coronavirus.

[ ] businessNews,
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