United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.
The Federal Reserve reestablishes the Commercial Paper Funding Facility to provide a liquidity backstop for issuers of commercial paper whose access to short-term funding has been disrupted by the pandemic-related market shock.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.