“We are seeing a fairly substantial number of Main Street loans coming in now,” Boston Federal Reserve President Eric Rosengren told Marketplace on Tuesday.
Rosengren further noted that there are around $400 million now committed in the Main Street lending program.
Market reaction
These comments don’t seem to be having a significant impact on the greenback’s performance against its rivals. As of writing, the US Dollar Index, which touched its lowest level since May 2018 at 92.28 recently, was down 0.53% on a daily basis at 92.33.
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