A woman passes by the United States Federal Reserve Building in Washington DC on May 21, 2020. Ting Shen | Xinhua News Agency | fake pictures As the Federal Reserve deepens its purchases of corporate debt, it faces more questions about the consequences of its unprecedented market interventions. Disclosures released …
Read More »Great Tobacco, Great Oil, and Warren Buffett Join the Fed Portfolio
Jerome Powell, chairman of the US Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, DC, USA, on Wednesday, February 12, 2020. Andrew Harrer | Bloomberg | fake pictures The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in …
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Virus News: Fed bond purchases including AT&T, UnitedHealth, Walmart
Great tobacco, great oil and Buffett join the Fed portfolio
WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
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