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Friday, Apr 19, 2024

Fed extends consumer lending program through March

WASHINGTON — The Federal Reserve has extended a program intended to spur lending to consumers and small businesses at lower rates, but the central bank will not expand the types of loans made. The Fed today said extended its Term Asset-Backed Securities Loan Facility through March 31 for most of the types of loans it makes. The program was scheduled to end on Dec. 31. For the full story click here

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