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

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  1. Trader Richard Tandy Jr., center, works on the floor of the New York Stock Exchange, Friday, March 7, 2008. Stocks bounced around Friday after the government's much-anticipated February employment report came in weaker than expected and after the Federal Reserve announced steps to aid the credit markets. (AP Photo/Richard Drew)

    Trader Richard Tandy Jr. , center, works on the floor of the New York Stock Exchange, Friday, March 7, 2008. Full Article at The Washington Post

  2. Orlando Sentinel logo
    Business Briefcase
    21 months ago

    Stocks plunged for a second consecutive session Friday after the government's February jobs report revealed employers slashed payrolls last month, compounding fears that the U.S. economy is succumbing to recession. Full Article at Orlando Sentinel

  3. NEW YORK — Stocks tumbled for a second consecutive session today after the government's much-anticipated February employment report came in weaker than expected, touching off concern that a cornerstone of the economy's growth in recent years is showing... Full Article at Houston Chronicle

  4. NEW YORK — Stocks tumbled for a second consecutive session today after the government's much-anticipated February employment report came in weaker than expected, touching off concern that a cornerstone of the economy's growth in recent years is showing... Full Article at Houston Chronicle

  5. 2008-03-07 20:10:47 - the health of the economy and who had been expecting a 25,000 gain in jobs. While the unemployment rate fell to 4.8 percent, the decline reflects people leaving the labor force. Full Article at PR-Inside.com

  6. 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

  7. 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

  8. A specialist holds his head as he works at his post on the floor of the New York Stock Exchange, Monday, March 3. 2008. Wall Street has finished narrowly mixed as investors wrestle with record-high commodities prices and weak manufacturing and construction data.

    Stocks bounced around Friday after the government's much-anticipated February employment report came in weaker than expected and after the Federal Reserve announced steps to aid the credit markets. Full Article at Kentucky.com

  9. 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

  10. 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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