Gold dips as Mnuchin stems Fed's pandemic lending program - THEMARKETTRENDZ

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Thursday, 19 November 2020

Gold dips as Mnuchin stems Fed's pandemic lending program

In a letter to Fed Chair Jerome Powell, Mnuchin said the $455 billion allocated to Treasury under the CARES Act last spring, which supports Fed's lending to businesses, nonprofits and local governments, should be instead available for Congress to reallocate.

from Commodities-Markets-Economic Times
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