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Tag Archives: Federal Reserve

US Fed Extends Main St. Lending Program

The United States Federal Reserve announced on Tuesday that it had extended the end date for the Main Street Lending Program by eight days, Reuters reported. The move comes to help process an increased number of last-minute applications. It is worth noting that the United States Secretary of Treasury, Steven …

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US Senate Approved New Fed Board Member

The United States Senate confirmed on Thursday one of President Donald Trump’s picks to the Federal Reserve’s board of governors, the Wall Street Journal reported. Christopher Waller, Research Director at the Federal Reserve Bank of St. Louis, was confirmed to a term that extends until January 2030. A total of …

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Fed’s Daly: Easy Policy Must be Maintained

The President of the Federal Reserve Bank of San Francisco, Mary Daly, said on Tuesday that the United States Federal Reserve needs to maintain its monetary easing policy during the economic recovery from the Coronavirus crisis to achieve its targets, Reuters reported. “Hitting or exceeding 2% inflation for a few …

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