Fed to pump trillion dollars into US economy

The Federal Reserve will inject about $1 trillion (€740bn) into America’s economy in a bold effort to help the battered housing market and lift the US out of recession.

Fed to pump trillion dollars into US economy

The Federal Reserve will inject about $1 trillion (€740bn) into America’s economy in a bold effort to help the battered housing market and lift the US out of recession.

At the same time, the Fed left a key short-term bank lending rate at a record low of between zero and 0.25%.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited