The central bank dropped the minimum loan amount under its Main Street Lending Program to $100,000. But not many businesses feel confident taking out loans they’ll have to repay in five years.

Trump has pressured the head of the Federal Reserve to lower interest rates. But he wasn’t the first American leader to do so.

Powell said that government support has so far prevented a recessionary “downward spiral.”

The law is meant to demand that when banks take deposits from a particular area, they also make loans there.

Fed Chair Jerome Powell said another relief package from Congress will likely be needed.

That’s a message that might be reassuring, depending on how the pandemic has treated you, or your business.

The moves are occurring against the backdrop of an improving yet still weak economy.

Only 10 of 327 top financial regulators appointed by the president and confirmed by the Senate were Black.

Low interest rates hurt our ability to save.

The change will allow the central bank to keep interest rates low even if inflation tops its 2% target.