Monday, October 05, 2026
45.0°F

Fed intervenes to try to calm markets but investors shrug

by AP Economics Writer
| March 12, 2020 12:05 PM

WASHINGTON (AP) — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasury bonds.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy