Bank in US Federal Reserve System Announces New $1.5 Trillion Liquidity Injection

The Federal Reserve Bank of New York will direct to buy securities with a commitment to sell them $1.5 trillion to support the US financial system. This is stated in the materials of the credit institution. The document notes that injections will be carried out under three previously planned programmes due to the spread of the new coronavirus and instability in the markets. One of the programs is designed for three months, the third for a month. Earlier, the news agency reported that the main American indices in the course of trades on March 12 fell by almost 10%. The figures were the worst in 30 years.

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