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Small Uptick in Main St. Loans; Policy Review Results Coming

It was another quiet week for the Fed. In case you missed it, its Main Street Lending Program, targeting U.S. small and midsize businesses, gained some traction this week with loans held by the Fed increasing to about $230M.

Didn’t we stop caring about numbers this small ages ago? Well, yes and no.

In the grand scheme of things, $230M is a speck on the Fed’s $7TN balance sheet. Nevertheless, the Main Street Program could provide some insight into the health of the economy into the Fal...

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