Fed Extends Emergency Lending Programs Through End Of Year | WHAT REALLY HAPPENED

Fed Extends Emergency Lending Programs Through End Of Year

US stock prices are at record highs and credit spreads near record lows amid hopes and prayers for the v-shaped recovery which has already sent US macro surprise data soaring.

But, it appears The Fed is not buying the bounce and feels like the "economy" needs help a "little" longer, extended most of its emergency lending programs by three months, through the remainder of 2020.

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