Thursday, July 31, 2008

Fed lays on extra liquidity support

The Federal Reserve ramped up its liquidity support operations again on Wednesday in an effort to reduce money market strains and pre-empt the possibility of funding crises at the year-end or at other stress points.The Fed said it was extending its support to primary dealers “in light of continued fragile circumstances in financial markets”.

read more | digg story

No comments:

4-25-2024

Elon Musk insists Tesla isn’t a car company   Trump is unindicted co-conspirator in 2020 Michigan fake electors probe, investigator testifie...