SINGAPORE (Mar 24): The US Federal Reserve’s whatever-it-takes move came on Monday as it put forth several measures to relieve the ailing American economy in a race against time.

This includes extending loans to big and small businesses and purchasing unlimited amounts of government debt to keep money flowing to companies and households.

The central bank’s move comes after its emergency rate cut last week – the second time this month – where it lowered its target range from 0% - 0.25% from its previous range of 1% - 1.25%.

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