Fed launches $2.3T loan program to support Main Street

• April 9, 2020
• realestatelife
• Announcements, Business & Markets, Real Estate Finance, Your Real Estate Life

The Federal Reserve will provide up to $2.3 trillion of loans to further support the economy, the central bank said Thursday.

The so-called Main Street Lending Program will provide support to households and businesses of all sizes and help governments deliver critical services to combat disruptions caused by the COVID-19 pandemic.