Home Artikel Market News Fed Extends Lending Programs To End Of 2020

Fed Extends Lending Programs To End Of 2020

133
0

The United States Federal Reserve Board announced on Thursday that it agreed to prolong its lending facilities that were due to expire at the end of September until December 31.

The decision concerns the Primary Dealer Credit Facility, the Money Market Mutual Fund Liquidity Facility, the Primary Market Corporate Credit Facility, the Secondary Market Corporate Credit Facility, the Term Asset-Backed Securities Loan Facility, the Paycheck Protection Program Liquidity Facility, and the Main Street Lending Program.

The Fed noted the extension will allow more support to the economy amid the coronavirus pandemic as they are crucial in helping households, businesses, and state and local governments.

=====
Follow us on the telegram channel for the latest news, tips and various other information : https://t.me/Monsun_Asia