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Federal Reserve to initiate high risk ’Main Street’ loan program

Federal Reserve to initiate high risk ’Main Street’ loan program

As the economy of the United States faces the prospect of sinking into a severe recession, the Federal Reserve is faced with the risky task of launching a high risk program that will see it lend money to medium and small sized companies outside the banking industry. The Federal Reserve will be undertaking this step for the first time since the Great Recession.

Tom A
Tom A
Ya Boi PI
Ya Boi PI 4 months

I hope this does not turn into what happened in 2008

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