State Funding Woes Are Dragging the Fed Into Muni-Market Reboot

The Federal Reserve is limited in its efforts to revive the $4 trillion market for municipal securities

The Fed has committed trillions of dollars to keep money flowing through markets vital to economic growth, including huge purchases of government and mortgage securities and new programs to backstop money-market funds and corporate-debt markets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus State-By-State Projections: When Will Each State Peak?How bad will the coronavirus crisis get in your state? New modeling offers some predictions. Our tool shows when your state is projected to hit its peak ⤵️
Read more »

Joe Biden Leads Trump In Battleground State Florida, New Poll ShowsJoe Biden would beat President Trump in a head-to-head matchup in Florida, a new poll shows
Read more »

Queen's 'Physical State and Resilience' During Rare Speech 'Was an Inspiration,' Her Biographer SaysConjuring WWII-era decidedness, Queen Elizabeth’s rare address amid the coronavirus pandemic on Sunday captured the mood of Britain, a leading historian and royal biographer says.…
Read more »

Japan's Shinzo Abe Will Declare State Of Emergency As Coronavirus Cases SurgePrime Minister Shinzo Abe says he's preparing to declare modern Japan's first-ever state of emergency as early as Tuesday — in response to a sudden increase in coronavirus cases in major cities.
Read more »

Japan PM proposes state of emergency over virus, $1 trillion stimulusThe official declaration of the state of emergency would likely come as soon as Tuesday, Shinzo Abe told reporters, as the country grapples with a recent spike in coronavirus cases, especially in the capital Tokyo.
Read more »

Trump should be tried for 'crimes against humanity' over hydroxychloroquine remarks, says Ohio State Rep.Tavia Galonski's remarks came after the president's coronavirus press briefing on Sunday, in which he stopped Dr. Fauci from answering a question about hydroxychloroquine.
Read more »