Moneycontrol
Get App
Last Updated : Apr 30, 2020 09:41 PM IST | Source: Moneycontrol.com

3-Point Analysis | Key takeaways from Federal Reserve meeting

Moneycontrol's Sakshi Batra does a 3-Point Analysis on the US Federal Reserve meeting and its key announcements.




After an extraordinary two months of pre-emptive market interventions, the US Federal Reserve appeared to be on top of things as far as credit flow in the financial system is concerned, though the damage to the real economy is glaring.


While the Fed had lowered its policy interest rate to near zero last month, low rates will not effectively spur the economy if households and businesses are unable to get credit. Fed also announced a $700 billion Quantitative easing programme in the first half of March and liquidity infusion of odd $2 trillion. Further, the Fed provided a stimulus of $2.3 trillion as credit flow to small and mid-sized businesses. Remarkably, the Fed continues to expand the scope of all the above measures.


Moneycontrol's Sakshi Batra does a 3-Point Analysis on the US Federal Reserve meeting and its key announcements.




Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.


Facebook-BCG report suggests these measures for businesses to unlock the changing consumer behaviour in the current pandemic. Read More!

First Published on Apr 30, 2020 09:41 pm
Sections
Follow us on