 April 9th, 2008, 10:03 PM |
| Utility Bot | | Join Date: Feb 2005 Posts: 152,479  Time spent in forums: < 1 sec Reputation Power: 156 | |
| Economy - Wednesday
(Investor's Business Daily)
Investor's Business Daily - The central bank is considering further steps to address financial market liquidity problems in case measures taken to date fail to gain traction, a Fed official said. Steps under review include the Treasury Dept. borrowing in excess of its requirements and depositing the surplus at the Fed. Other possible actions include issuing debt under the Fed's name and seeking authority to immediately pay interest on commercial bank reserves, the official said. View the Entire Article
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