Fed

Federal Reserve officials cautiously watched a surge in coronavirus cases at their December 15-16 meeting, but hoped the vaccine breakthroughs could set the stage for a strong economic recovery in 2021."In view of the worsening pandemic…

When the markets collapsed in March, the Federal Reserve introduced novel programs to help keep the flow of credit to states, medium-sized businesses, and large corporations alive. Congress presented Treasury Secretary Steven Mnuchin $ 454…