Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston says that the US economy expected to remain weaker than many hoped through summer, autumn. Key comments Says more than 400 lenders have either registered or are in the process of signing up for the main street lending program. Says early applicants for Fed’s main street loans include movie theaters, software companies and oil well servicers, among others. Says he expects the US economy to remain weaker than many had hoped through the summer and fall. Says he expects over time that the Fed will see a reasonable volume of main street program loans as economy struggles with coronavirus. Says term sheet for expanding main street loan program to nonprofits should be made public within the next seven days. More to come… 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 The VIX is marginally lower as sentiment hangs on a knife edge FX Street 3 years Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston says that the US economy expected to remain weaker than many hoped through summer, autumn. Key comments Says more than 400 lenders have either registered or are in the process of signing up for the main street lending program. Says early applicants for Fed's main street loans include movie theaters, software companies and oil well servicers, among others. Says he expects the US economy to remain weaker than many had hoped through the summer and fall. Says he expects over time that the Fed will see a reasonable volume of main street program loans… Regulated 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.
