Fed’s Duke announces steps to improve data needs on SME lending
Elizabeth Duke, a governor of the Federal Reserve, on Monday discussed the need for better data and analysis to monitor and understand small business credit flows.
At a meeting in Washington, Duke said: "As a research institution, the Fed is always looking for opportunities to improve data, we already have taken a number of steps in this direction."
Duke outlined a number of measures taken by the Fed to improve lending to small businesses including:
· increasing the frequency of its call
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