The American Banker/Staff/4-24-2020
“The Federal Reserve may hold interest rates near zero for three or more years, and its balance sheet will soar above $10 trillion as policymakers seek to revive the U.S. economy from recession, economists said in a Bloomberg survey. … The Fed is also soon to launch a number of credit facilities — with the ability to lend trillions more – aimed at directly and indirectly aiding companies, states and cities.”
USAGOLD note: The mother of all bailouts ……
