U.S. Treasury approves revival of Fed primary dealer backstop
March 17, 2020Wall Street jumps after Monday’s historic sell-off as Fed boosts liquidity to fight coronavirus effect
March 17, 2020Fed’s short-term corporate funding plan boosts stocks, gold, dollar
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Gold, the dollar and global equity markets rose on Tuesday after the Federal Reserve said it would buy short-term corporate debt directly from companies to help relieve credit markets under strain from the economic impact of the coronavirus epidemic.
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