{"id":34367,"date":"2020-09-23T21:15:16","date_gmt":"2020-09-23T17:15:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34367"},"modified":"2020-09-23T21:15:28","modified_gmt":"2020-09-23T17:15:28","slug":"powell-main-street-program-saw-modest-use","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/powell-main-street-program-saw-modest-use\/09\/23\/market-updates\/","title":{"rendered":"Powell: Main Street Program Saw Modest Use"},"content":{"rendered":"\n<p>The Federal Reserve Chair Jerome Powell said on Wednesday in his testimony to the House of Representatives Select Subcommittee on the Coronavirus that companies have made only modest use of the Fed\u2019s Main Street Lending Program.<\/p>\n\n\n\n<p>However, the Fed is not planning any major changes to its lending policy.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;If the economy performs worse than we expect, then Main Street will be there to take on a heavier load.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve Chair Jerome Powell said on Wednesday in his testimony to the House of Representatives Select Subcommittee on the Coronavirus that companies have made only modest use of the Fed\u2019s Main Street Lending Program. However, the Fed is not planning any major changes to its lending policy. &#8220;If the economy performs worse than &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-34367","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34367"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34367\/revisions"}],"predecessor-version":[{"id":34369,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34367\/revisions\/34369"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32069"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}