The Federal Reserve has introduced yet another emergency measure to ease the global economic impact of the coronavirus epidemic, injecting liquidity into money markets and mutual funds to meet growing demand for cash.
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@FederalReserve broadens program of support for the flow of credit to households and businesses by establishing a Money Market Mutual Fund Liquidity Facility (MMLF): https://t.co/PJ0ALuzzw3
— Federal Reserve (@federalreserve) March 19, 2020
Source: RT