The Fed expands its $600 billion lending program for struggling businesses but leaves start date unannounced

Business Insider

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· The Federal Reserve announced Thursday it will expand its Main Street Lending Program to include mid-sized companies and those with greater leverage.
· The central bank expanded program eligibility to businesses with 15,000 employees or $5 billion in revenue, up from the 10,000 employee and $2.5 billion limits.
· The Fed...

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