Here are the 9 economic relief programs the Fed is using to combat coronavirus fallout

A man wearing a mask walks past the U.S. Federal Reserve building in Washington D.C., the United States, on April 29, 2020.Liu Jie/Xinhua/Getty Images

• The Federal Reserve's array of lending facilities propped up credit markets and eased fears of default as the coronavirus continued to rage across the US.
• Working alongside the Treasury Department, the central bank's programs target financial pressures in state and local governments, corporations, and small businesses.
• Here are the nine relief programs created by the Fed through March and April.
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The Federal Reserve unveiled a spate of emergency lending programs through March and April to lift credit stresses and improve market functioning.

In the following months, the facilities lifted stocks and bonds alike, opened up much-needed credit pools, and boosted liquidity throughout the financial sector. Several of the programs are also backstopped by the Treasury, leaving billions of dollars in loans on the table for eligible corporations, small businesses, and governments.

Here are the nine unprecedented relief facilities created by the Fed and how they intend to keep the economy afloat through the deepest recession in nearly a century.

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