Federal Reserve during the COVID-19 pandemic (2020-2022)

1. Federal Reserve holds rates amid early COVID risks

   Jan 29, 2020Labels: FOMC, United States

   • Fed Press

2. First emergency rate cut as pandemic fears rise

   Mar 3, 2020Labels: FOMC

   • Fed Press

3. Second emergency cut brings rates near zero

   Mar 15, 2020Labels: FOMC

   • Fed Press
   • Forbes

4. Fed reopens crisis-era liquidity backstops

   Mar 17, 2020Labels: Commercial Paper, PDCF

   • Fed H 2

5. Money market fund support expands with MMLF

   Mar 18, 2020Labels: MMLF

   • Fed H 2

6. Open-ended Treasury and MBS purchases announced

   Mar 23, 2020Labels: Quantitative Easing, Treasury Securities

   • Fed Press
   • Fed BSD

7. FIMA Repo Facility launched to ease global dollar strains

   Mar 31, 2020Labels: FIMA Repo

   • Fed Press

8. PPPLF authorized to support PPP small-business lending

   Apr 8, 2020Labels: PPPLF, Paycheck Protection

   • NY Fed Blog
   • Fed Press

9. Municipal Liquidity Facility announced for state and local cash stress

   Apr 9, 2020Labels: Municipal Liquidity

   • Fed BSD
   • Fed MLF

10. Main Street Lending Program begins buying loan participations

    Jul 6, 2020Labels: Main Street

    • Fed Notes
    • Fed Main Street

11. Fed adopts flexible average inflation targeting framework

    Aug 27, 2020Labels: Flexible Average, Fed

    • CNBC

12. Municipal Liquidity Facility stops purchasing new notes

    Dec 31, 2020Labels: Municipal Liquidity

    • Fed MLF

13. Main Street Lending Program terminates purchases

    Jan 8, 2021Labels: Main Street

    • Fed Main Street

14. PPPLF ends new lending after final extension

    Jul 30, 2021Labels: PPPLF

    • Fed Press
    • Discount Window

15. FOMC begins tapering asset purchases

    Nov 3, 2021Labels: FOMC

    • Fed Minutes

16. First post-pandemic rate hike starts tightening cycle

    Mar 16, 2022Labels: FOMC

    • Axios
    • Bankrate

17. Balance sheet runoff plan sets post-crisis policy direction

    May 4, 2022Labels: Balance Sheet, Fed

    • Fed Press