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Federal Reserve data show little appetite so far for its $600 billion 'Main Street' lending program

Federal Reserve data show little appetite so far for its $600 billion 'Main Street' lending program

August 07, 2020

The Federal Reserve's $600 billion Main Street lending facility had covered less than $77 million in loans to only eight companies near the end of July, further revealing how little reach the program has had even as millions of business vie for survival.

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