The Federal Reserve has taken massive steps to help markets. Here’s what’s left in its arsenal
Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020.
Kevin Lamarque | Reuters
The Federal Reserve took dramatic action over the past week to stabilize financial markets. Now, investors will be watching closely in the coming days to see what else the central bank has to offer to help the economy.
Market interventions not seen since the financial crisis appeared to have calmed the waters somewhat after a brutal week on Wall Street that saw major averages slide at a record pace and government bond yields plunge to regions they had never seen before.
But the work is not over yet.
The Federal Open Market Committee holds its policy meeting Tuesday …continued .
[Source: CNBC News]