Fed Turns to Crisis-Era Playbook to Combat Market Disruptions
Wall Street Journal, Mar. 9, 2020–Nick Timiraos (subscription)
A global market rout is forcing the Federal Reserve to revisit its 2008 crisis playbook in an attempt to ease strains on the plumbing of the financial system from investors’ reactions to the novel coronavirus.
https://www.wsj.com/articles/fed-increases-short-term-funding-to-keep-lending-markets-stable-11583756069?mod=hp_major_pos1#cxrecs_s