The Fed has still made no loans under its two-week old Main Street lending facility, meant to extend easy credit to small and mid-sized businesses that cannot get it elsewhere, the data showed.
WASHINGTON: The U.S. Federal Reserve's massive stash of bonds and other assets slipped for a third straight week to its smallest size since mid-May, data released by the central bank on Thursday showed.
Meanwhile, the central bank has still made no loans under its two-week old Main Street lending facility, meant to extend easy credit to small and mid-sized businesses that cannot get it elsewhere, the data showed.
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