Bank of Japan to create its version of Fed's 'Main Street' lending scheme
TOKYO (Reuters) - Japan’s central bank will create its own version of the U.S. Federal Reserve’s “Main Street” lending programme to channel more money to small businesses, in a bid to keep the coronavirus pandemic from pushing the economy deeper into recession.
FILE PHOTO : A security guard walks past in front of the Bank of Japan headquarters in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato/File Photo
The decision, to be made at an emergency meeting on Friday, undersco...