India Washington virus covid-19 pandemic economy India Washington

Fed extends lending programs as pandemic's impact lengthens

Reading now: 542
www.livemint.com

WASHINGTON : The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the nation struggles to control the coronavirus.The Fed announced the extension of the programs, past their original expiration dates of Sept.

30, at a time when a spike in confirmed virus cases has shown signs of slowing the economy.The “extension will facilitate planning ...

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA