Federal Reserve Bank of Boston President Eric Rosengren said the roll-out of a new lending program for small-and-medium-sized U.S. companies may still be “another couple” of weeks away.
“It’s a complicated facility to appropriately scope,” he said in an interview Wednesday on Bloomberg Television with Michael McKee. “We’re doing these facilities as fast as we can, and like every organization we’re dealing with a lot of people that are working remotely from home.”
26,365 in U.S.Most new cases today
-23% Change in MSCI World Index of global stocks since Wuhan lockdown, Jan. 23
-1.126 Change in U.S. treasury bond yield since Wuhan lockdown, Jan. 23