Washington | In one of the boldest moves of its 106-year history, the US Federal Reserve on Monday (AEDT) fired off most of its remaining conventional monetary policy arsenal in a bid to prevent the coronavirus meltdown from triggering another global financial firestorm.
Even more stunningly, Jerome Powell admitted it may not be enough.
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Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
