Fed Jumps Into Market to Push Down Rates, a First Since the Financial Crisis (Published 2019)
The move underscores the limitations of the Fed’s new approach to setting interest rates. The Federal Reserve stepped into financial markets on Tuesday to keep short-term interest rates from rising — the first time the central bank has had to carry out this type of “market operation” since the …
Elise Moyer flipped this story into Money•1654d