The changes made to the US Federal Reserve’s Main Street Lending program were not targeted at oil and gas companies, Boston Federal Reserve President Eric Rosengren said on Friday. Additional takeaways “We’ve asked our bank examiners to work with bank managers in making a loan decision.” “Banks say loans made through the Main Street program are loans they wouldn’t have made traditionally.” “True startups may tap equity and other forms of financing more attractive than the Main Street program.” “It will take another several weeks before the Main Street program for nonprofits is up and running.” Market reaction These comments had little to no impact on the greenback’s performance against its rivals. As of writing, the US Dollar Index was up 0.68% on the day at 93.40. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NFP: Recovery in the labor market remains intact, but the pace is slowing – Wells Fargo FX Street 2 years The changes made to the US Federal Reserve's Main Street Lending program were not targeted at oil and gas companies, Boston Federal Reserve President Eric Rosengren said on Friday. Additional takeaways "We’ve asked our bank examiners to work with bank managers in making a loan decision." "Banks say loans made through the Main Street program are loans they wouldn't have made traditionally." "True startups may tap equity and other forms of financing more attractive than the Main Street program." "It will take another several weeks before the Main Street program for nonprofits is up and running." Market reaction These comments had… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
