Fed Goes “All In”
<p>The US Fed has provided unprecedented stimulus to the US markets so far, include slashing interest rates to 0%-25%, QE4, extending credit lines, and participating in the overnight commercial paper markets. Today, the Fed has announced TALF, or Term Asset-Backed Securities Loan Facility. TALF allows the Fed to buy UNLIMITED amounts of Treasuries and Mortgage […]</p>
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