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Chair Jerome Powell earlier in Q&A with.........>

FED
FED: Chair Jerome Powell earlier in Q&A with Princeton's Alan Blinder.
* Powell says 'Main Street' lending program is "only days away." It is by far
the biggest challenge in comparison to other 13(3) facilities. 
* Expects the smallest 'Main Street' loans to be about half a million dollars
and the largest about USD100 million. Still expects details of program to be
open to change. 
* On negative rates: Says the evidence on whether it actually helps is pretty
ambiguous...it interferes with credit allocation and crushes down on bank
margins. 

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