Economics
Fed’s Rosengren Sees Main Street Loans Within Next Two Weeks
- Says he expects double-digit unemployment through 2020
- Boston Fed chief says more monetary and fiscal support needed
A closed sign hangs in the window of the Cheers Boston bar in Boston, Massachusetts, U.S., on April 1.
Photographer: Adam Glanzman/BloombergThis article is for subscribers only.
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Federal Reserve Bank of Boston President Eric Rosengren said he expects companies to begin receiving money through the central bank’s long-awaited Main Street Lending Program within two weeks.