United States. The Federal Reserve has committed to buying up to $1 trillion in commercial paper, i.e., debt securities with a maturity of up to 270 days, to stabilize markets in response to the financial turmoil resulting from Covid-19.
United States. The Federal Reserve has committed to buying up to $1 trillion in commercial paper, i.e., debt securities with a maturity of up to 270 days, to stabilize markets in response to the financial turmoil resulting from Covid-19.