Speech
The Main Street Lending Program and Other Federal Reserve Actions
Rosengren, Eric S. (2020-05-20)
Today I’ll focus on two of the Federal Reserve’s lending programs being run by the Boston Fed: the Money Market Mutual Fund Liquidity Facility and the Main Street Lending Program.
Speech

Speech
The Main Street Lending Program and Other Federal Reserve Actions
Rosengren, Eric S. (2020-05-19)
The economy has suffered a truly severe shock from the COVID-19 public health crisis. The unemployment rate has risen very significantly in response to necessary shutdowns intending to limit the health impact of the pandemic. However, even when businesses are free to open, many may face diminished demand until customers once again feel secure leaving their homes, which underlines that public health is at the root of this crisis and its solutions.
Speech