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Fed Staff Reported Securities Trades Amid Bank’s 2020 Stimulus Moves

Fed Staff Reported Securities Trades Amid Bank’s 2020 Stimulus Moves

Two senior Federal Reserve staffers reported a series of financial market trades in early 2020, as the central bank swung into action with a historic stimulus effort aimed at supporting the economy through the coronavirus pandemic.

Economists John Stevens and Diana Hancock, both currently senior associate directors in the Fed’s research and statistics division, reported in official financial disclosure forms a series of trades in February and March 2020, according to financial disclosure forms reviewed by The Wall Street Journal.

Source: https://www.wsj.com/articles/fed-staff-reported-securities-trades-amid-banks-2020-stimulus-moves-11644588000?mod=pls_whats_news_us_business_f