Thursday, August 30, 2007

Fed Underestimated Debt Impact, Focused on Inflation

Policy makers have employed a range of tools since their last scheduled meeting to ease the credit crunch. They first injected the most funds into money markets since the aftermath of the Sept. 11, 2001, terrorist attacks, then cut the rate charged to banks for direct loans from the Fed.

read more | digg story

No comments:

11-5-2024

  LIVE FINAL RALLIES: KAMALA PHILLY... DONALD GRAND RAPIDS... NEW HAMPSHIRE SHOCK POLL: HARRIS +28... 3-3: Dixville Notch Splits... RECORD 7...