Federal Reserve to lend up to $300B to businesses, cities

In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs. The announcement Monday is part of the Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak. "The coronavirus pandemic is ...

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Federal Reserve to lend up to $300B to businesses, cities

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