WCCO logo WCCO 21 months ago

Fed Takes Bigger Step To Ease Credit Crunch

WASHINGTON (AP) ― The Federal Reserve said Friday it is taking bigger steps to ease the nation's credit crisis, including increasing the amount of money it will auction to banks this month to $100 billion. Full Article at WCCO

Related Topics:

  1. Federal Reserve
  2. Tom Long
  3. Academy Awards

Related Articles

  1. Democratic Underground logo
    Fed Boosts Emergency Lending to Banks, Seeking to Offset Liquidity Crisis
    21 months ago

    Source: Bloomberg News March 7 (Bloomberg) -- The Federal Reserve plans to increase its loans to banks this month to offset a deepening credit crisis threatening to tip the U.S. economy into a recession. Full Article at Democratic Underground

  2. CBS 5 logo
    Fed Takes Bigger Step To Ease Credit Crunch
    21 months ago

    WASHINGTON (AP) ― The Federal Reserve said Friday it is taking bigger steps to ease the nation's credit crisis, including increasing the amount of money it will auction to banks this month to $100 billion. Full Article at CBS 5

  3. Detroit News Online logo
    Fed to auction more cash this month as credit-crunch fix
    21 months ago

    WASHINGTON -- The Federal Reserve is taking new steps to ease the credit crises, including increasing the amount of money it will auction to banks this month to $100 billion. Full Article at Detroit News Online

  4. CNN/Money logo
    Fed to pump more cash to ease credit crunch
    21 months ago

    The Federal Reserve bank is working to increase liquidity during the credit crunch by auctioning $100B to banks this month. Full Article at CNN/Money

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Related Quotes

  1. We're going to see continued weakness in home building for the next few months
    Scott Brown – Scott Brown SOURCE: Investor's Business Daily 21 months ago
  2. Once we get past the worst of the crisis mode, they'll have to reverse policy ... They're going to have to go up aggressively.
    SOURCE: Investor's Business Daily 21 months ago
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  1. President of the New York Federal Reserve Bank William Dudley speaks at the World Leaders Forum at Columbia University in New York December 7, 2009.
  2. WASHINGTON - DECEMBER 07: Federal Reserve Bank Chairman Ben Bernanke (L) talks with Sun Trust Bank of Greater Washington President and CEO Scott Wilfong during the Economic Club of Washington's winter lunch program at the Capitol Hilton Hotel December 7, 2009 in Washington, DC.
  3. WASHINGTON - DECEMBER 03: Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on his re-nomination to the position December 3, 2009 in Washington, DC.
  4. Family members of imprisoned dissidents, called Ladies in White, march in Havana December 9, 2009 a day before the commemoration of the the 61st anniversary of the Human Rights Universal Declaration.
  5. LAS VEGAS - DECEMBER 08: A general view of Crystals at CityCenter, the project's retail and entertainment district, December 8, 2009 in Las Vegas, Nevada.
  6. WASHINGTON - DECEMBER 08: French Ambassador Pierre Vimont (C) poses for a photo with Jennice Fuentez (L) and Soraida Gutierrez (R) at a reception hosted by Dior and Ambassador Vimont in honor of the Congressional French Caucus at the Ambassador's residence on December 8, 2009 in Washington, DC.
  7. ABU DHABI, UNITED ARAB EMIRATES - DECEMBER 08: Team Salomon Crested Butte of the United States in a technically difficult part of stage six on December 8, 2009 in Abu Dhabi, United Arab Emirates.
  8. WASHINGTON - DECEMBER 08: Members of 'The President's Own' United States Marine Band perform during the 2009 U.S. Captiol Christmas tree lighting ceremony December 8, 2009 in Washington, DC. This year's tree is a 85-foot blue spruce from the Apache-Sitgreaves National Forest in Arizona.
  9. WASHINGTON - DECEMBER 08: A demonstrator from Code Pink for Peace holds up a sign before a Senate Armed Services Committee hearing about the war in Afghanistan December 8, 2009 in Washington, DC.

Cast of Characters

  1. Federal Reserve Federal Reserve
  2. George W. Bush George W. Bush
  3. White House White House
  4. U.S. Congress U.S. Congress
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  6. See stories, photos, and quotes about Thornburg Mortgage, Inc. Thornburg Mortgage, Inc.