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Federal Reserve expanding Main Street loan programme to aid more firms

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The US Federal Reserve said on Thursday it is expanding its business loan programme to reach more firms as companies struggle to weather the impact of the coronavirus shutdowns.

[WASHINGTON] The US Federal Reserve said on Thursday it is expanding its business loan programme to reach more firms as companies struggle to weather the impact of the coronavirus shutdowns.

The Main Street Lending Programme, which the Fed announced but has not yet launched, was designed...

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