
Ahead of the June 2020 FOMC (Federal Open Market Committee) meeting, the Fed announced further steps designed to help small and midsize businesses in the United States. It updated the Main Street Lending Program by lowering the minimum loan amount, raising the maximum loan limit, and even extended the term to five years so many companies can take advantage of it.
The announced measures will come as no surprise, and market participants could expect more…
The post Fed Further Helping Small and Midsize Businesses appeared first on Vantage Point Trading.
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