Powell: Fed to soon begin ‘challenging’ Main Street lending

Powell: Fed to soon begin ‘challenging’ Main Street lending

Seattle Times

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program through which the Fed will lend directly to private companies for the first time since the Great Depression. The Fed’s Main Street Lending is geared toward medium-sized companies […]

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