Breaking Down The Fed's Pandemic Measures

The Fed has taken significant steps to support the US economy, including slashing interest rates and launching an unlimited quantitative easing program. New emergency lending facilities were introduced to stabilize markets. The Main Street lending program aimed to support small businesses but faced challenges. As COVID-19 cases rise, economic recovery remains uncertain, and the Fed's policy tools may be reaching their limits. The central bank is cautious about adopting negative interest rates, and the effectiveness of its measures is still under evaluation.

How have consumers and business leaders reacted to the economic situation?

What are the potential limits of the Fed's monetary policy tools?