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Mar 23, 2020

The Fed’s new plan

The Fed says it will buy as many bonds as it takes to prop up credit. Britain’s finance minister has pledged to pay up to 80% of paychecks. PG&E pleads guilty to criminal charges in 2018 Camp Fire.

The Federal Reserve Monday took unprecedented new steps to prop up the economy.
The Federal Reserve Monday took unprecedented new steps to prop up the economy.
Eric Baradat/AFP via Getty Images

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The Fed’s new plan