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COVID-19: Federal Reserve Announces Emergency Measures to Support Market Function and Facilitate Credit

Today, the Federal Reserve Bank announced several unprecedented emergency measures, including unlimited purchases of Treasury and agency mortgage-backed securities, three new lending facilities, and expansion of two programs...more

Federal Reserve Announces Money Market Mutual Fund Liquidity Facility

Late in the evening March 18, 2020, the Federal Reserve announced the establishment of a new Money Market Mutual Fund Liquidity Facility (MMLF2020) to enhance the liquidity and functioning of prime money markets. The...more

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