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Fed becomes go-to lender to keep US economy running

Monday, March 30, 2020   (0 Comments)
Posted by: Amanda Averch
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The Federal Reserve has launched several lending programs during the past few weeks to keep the US economy afloat amid the coronavirus pandemic, but the central bank is expected to go further. Congress has given the Fed $454 billion and a mandate to provide capital to businesses, states and cities, an activity usually left to elected officials.

Full Story: The Wall Street Journal (tiered subscription model) (3/29)  

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