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Fed extends lending programs amid lasting pandemic

from The Associated Press via Food Manufacturing

Fed extends lending programs amid lasting pandemic The Associated Press via Food Manufacturing The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the nation struggles to control the coronavirus. The Fed announced the extension of the programs, past their original expiration dates of Sept. 30, at a time when a spike in confirmed virus cases has shown signs of slowing the economy. READ MORE

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