Fed's Clarida: We can do more and will do more if needed

Author: Adam Button | Category: Central Banks

Clarida on CNN

SF Fed President Daly today hinted that the Fed might need to ease up terms on the Main Street lending program.

The line from Clarida is what officials have been saying for awhile.

  • Economy to hinge on the course of the virus
  • There's no limit on how much MBS and Treasuries the Fed can buy
  • Lending facilities will stay in place as long as needed
  • Double dip recession is not the Fed's base case outlook

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose