WRAPUP 3-Fed expands ‘Main Street’ program to firms with up to 15,000 workers
The U.S. Federal Reserve on
Thursday widened a key program to nurse the “Main Street”
economy through the coronavirus pandemic, agreeing to lend to
even larger firms, taking on more risk in participation with
banks, and hinting at some form of dedicated help for
non-profits.
Thursday widened a key program to nurse the “Main Street”
economy through the coronavirus pandemic, agreeing to lend to
even larger firms, taking on more risk in participation with
banks, and hinting at some form of dedicated help for
non-profits.
Posted by Reuters
