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Fed Unveils Emergency Lending Program to Shore Up Business Credit Markets

The central bank will buy commercial paper, taking a page from the 2008 financial crisis playbook. [Source]

Publication Date:

Origin: nytimes.com

Category: Federal Reserve System

Topics: playbook, crisis, financial, taking, paper, commercial, central, Markets, Credit, Business, Shore, Program, Lending, Emergency, Unveils

Source: https://www.nytimes.com/2020/03/17/business/economy/fed-emergency-lending-coronavirus.html