Breaking business news

Market Extra: Costs of Fed’s new funding facility for big businesses draws fire

18 Mar 2020

Investors complain of the ‘hefty,’ near 2.1% borrowing rate attached to Fed’s newfangled commercial paper facility, which rolled out Tuesday to keep big businesses flush with cash during the coronavirus shutdown.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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