Why the Fed Is Bringing Big Firepower to Combat Virus’s Threat
Jerome Powell, chairman of the U.S. Federal Reserve. (Photographer: Andrew Harrer/Bloomberg)

Why the Fed Is Bringing Big Firepower to Combat Virus’s Threat

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(Bloomberg) -- The Federal Reserve on Sunday concentrated a massive amount of monetary-policy firepower on helping the U.S. economy and financial markets weather the coronavirus outbreak.
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