$2 trillion

According to reports, JPMorgan Chase said that the Federal Reserve’s emergency loan plan may inject $2 trillion into the US banking system. （Watcher.Guru） JPMorgan Chase: The Federal Reserve’s emergency loan plan could inject $2 trillion into the US banking system Analysis based on this information:JPMorgan Chase, one of the country’s largest banks, has predicted that the Federal Reserve’s emergency loan plan could inject as much as $2 trillion into the US banking system. This report comes as the US economy continues to reel from the effects of the global pandemic, which has caused record levels of unemployment, business closures, and a historic drop in gross domestic product (GDP). The Federal Reserve announced its emergency loan plan in March of this year, designed to offer assistance to businesses and individuals impacted by the pandemic. This plan consists of several programs, including the Main Street Lending Program, designed to support small and mid-sized businesses, and the Municipal Liquidity Facility, designed to provide…