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New York Fed to begin buying ETFs in ‘early May’

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The Fed's two corporate lending programs could buy up to $750 billion in debt and exchange-traded funds

The Federal Reserve is close to standing up two corporate lending programs that could buy up to $750 billion in debt and exchange-traded funds under its emergency coronavirus actions.

The New York Fed announced on its website Monday that it expects to begin purchasing shares of eligible ETFs in ear

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