This Update was originally sent to clients as a Rapid Response immediately after the Fed’s policy statement on 23rd March.
The Fed’s expansion of its open-ended QE, together with new measures to lend directly to firms shows the Fed is moving beyond supporting liquidity and ramping up its support to the economy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services