UPDATE 1-Fed launches long-awaited Main Street lending program
The Federal Reserve said on
Monday it had opened registration for lenders interested in
participating in its Main Street Lending Program, launching
arguably the most complex program undertaken yet by the U.S.
central bank to help keep the backbone of the economy from
buckling under the strains of the coronavirus pandemic.
Monday it had opened registration for lenders interested in
participating in its Main Street Lending Program, launching
arguably the most complex program undertaken yet by the U.S.
central bank to help keep the backbone of the economy from
buckling under the strains of the coronavirus pandemic.
Posted by Reuters
