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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Fed Lends Another $2B Through Main Street Program
The Federal Reserve issued another USD2 billion in Main Street loans in the week ended Dec. 30, it said Thursday, bringing the total outstanding principal of lending to midsize firms to roughly USD16.5 billion.
The Fed and Treasury last week extended the termination date of the lending program to Jan. 8 from Dec. 31 as demand spiked near year-end. The program had funded only USD6 billion in loans at the end of November. It has capacity to issue up to USD600 billion in loans.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.