Pantheon Macroeconomics - The Fed's announcement, at 11.30pm Wednesday, that it will establish a Money Market Mutual Fund Liquidity Facility--MMLF--to support prime money market funds, is another step to limit the emerging credit crunch triggered by the virus.

U.S. | 20 Mar 2020 The Fed is Now Intervening Across the Board, Almost, Good
The Fed's announcement, at 11.30pm Wednesday, that it will establish a Money Market Mutual Fund Liquidity Facility--MMLF--to support prime money market funds, is another step to limit the emerging credit crunch triggered by the virus.

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20 Mar 2020 The Fed is Now Intervening Across the Board, Almost, Good

By Ian Shepherdson

The Fed's announcement, at 11.30pm Wednesday, that it will establish a Money Market Mutual Fund Liquidity Facility--MMLF--to support prime money market funds, is another step to limit the emerging credit crunch triggered by the virus.

Posted: 20th Mar 2020 in 'U.S.'

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