KM Financial Solutions | UPDATE 2-Fed balance sheet hits record, banks tap loans as crisis measures take hold
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UPDATE 2-Fed balance sheet hits record, banks tap loans as crisis measures take hold

UPDATE 2-Fed balance sheet hits record, banks tap loans as crisis measures take hold

The U.S. Federal Reserve’s
balance sheet reached a record $4.7 trillion this week and banks
grabbed cut rate loans from the central bank as efforts to blunt
the economic damage of a global health crisis took hold.

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