Author: CapitalGainsFund

Apr 28

Market Extra: Here’s the latest on the Fed’s rescue programs to keep credit flowing during the coronavirus pandemic

The Federal Reserve added smaller municipalities on Monday to its $2.3 trillion debt-buying program to help shore up Main Street businesses, municipalities and credit markets during the coronavirus pandemic. The inclusion of smaller U.S. locales to the Fed’s $500 billion municipal lending facility means that cities with at least 250,000 residents now can borrow from […]