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Federal Reserve launches special fund to keep credit flowing in US economy during coronavirus scare

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  1. skybrian
    From the article:

    From the article:

    Starting Tuesday, the central bank will buy various short-term commercial loans in the market in an effort to ensure there is enough lending to businesses and households in need of a financial lifeline during the crisis. The Fed did the same thing during the Great Recession and ended up buying about $350 billion worth of these loans, or about 20 percent of this market.

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