Breaking News: Fed green-lights unlimited QE!

The Federal Reserve has announced that it will buy an unlimited amount of government debt, together with corporate and municipal bonds to support the economy in this challenging time.

“The Federal Reserve is committed to using its full range of tools to support households, businesses, and the US economy overall in this challenging time,” the Fed said in a statement.

This unprecedented move virtually takes all risks out from commercial banks and puts it on the Fed.

The U.S. financial markets rose sharply following the news, with the main indexes Dow Jones, Nasdaq and S&P 500 all posting significant gains.

Stay tuned to Capex.com for more info and the latest updates on this red-hot market event!

Sources: thestreet.com, forexlive.com

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The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.