Fed Bets Trillions In SMB Lending That Consumers Will Return
PYMNTS
APRIL 10, 2020
Direct payments to consumers can help. Prodding consumers to spend, to get to that state of robust economic recovery eyed by the Fed (via chairman in his remarks Thursday) may be a tougher road. The New York Fed, after all, said this week that a March survey of consumers found increasing worries over job losses and debt.
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