BLOOMBERG NEWS IS REPORTING
U.S. Fed Cuts Discount Rate, Says Dealers May Borrow (Update2)
By Scott Lanman
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March 16 (Bloomberg) -- The Federal Reserve, in an emergency weekend decision, cut the rate on direct loans to commercial banks and opened up borrowing at the rate to primary dealers in government securities.
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Showing posts with label Discount rate cut for commercial banks. Show all posts
Showing posts with label Discount rate cut for commercial banks. Show all posts
Sunday, March 16, 2008
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