Skip to main content

Powell: Fed to soon begin 'challenging' Main Street lending

Powell: Fed to soon begin 'challenging' Main Street lendingFederal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression. The Fed's Main Street Lending is geared toward medium-sized companies that are too large for the government's small business lending program and too small to sell bonds or stock to the public. Powell said that Main Street will make its first loans in a “few days.”




from Yahoo News - Latest News & Headlines https://ift.tt/3dlFDrK

Comments

Popular posts from this blog

advantages of digital marketing

Cost-efficient:  it is a cost efficient technique in comparison to other advertising channels such as radio, TV and more. A well-planned and well-managed  digital marketing promotion  can reach large spectators at a lower cost than the conventional marketing methods.  https://firstheadlines.blogspot.com/ Better experience:  Reach various scenarios by switching to a  digital marketing operation within a small outlay. Be found where your viewers are looking for you. You will observe long term outcomes by using digital marketing. Time saving:  Digital marketing provides real time results . Time is important for all of us.  Digital marketing  gives you an opportunity to see the number of visitors to our site, what is the conversion rate, what is the crest trading time, how many subscribers have added you in a day and more. Social prevalence:  Digital advertising gives you a chance to create  engaging promotion  using diffe...