Xinhua logo Xinhua 20 months ago

Fed raises amount for money auction to help ease credit crisis

WASHINGTON, March 7 (Xinhua) -- The U.S. Federal Reserve said Friday that the amount of money it will auction to commercial banks this month will be raised to 100 billion dollars from the 60billion previously announced to help ease the credit... Full Article at Xinhua

Related Topics:

  1. Federal Reserve
  2. George W. Bush
  3. White House

Related Articles

  1. Malaysia Sun logo
    Stocks turn mixed after weaker-than-expected job numbers, Fed's moves to ease credit crunch
    20 months ago

    NEW YORK – 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 c... Full Article at Malaysia Sun

  2. CBS2 Chicago logo
    Fed Takes Bigger Step To Ease Credit Crunch
    20 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 CBS2 Chicago

  3. Detroit News Online logo
    Fed to auction more cash this month as credit-crunch fix
    20 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. Atlanta Journal Constitution logo
    Fed takes steps to ease credit crunch
    20 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 Atlanta Journal Constitution

Related Quotes

  1. At this point the market is beyond economic data ... The market doesn't have the liquidity it once hand. There used to be buyers and sellers. There are just sellers now. But the selling overall has been good for Treasurys as that is all anyone wants to buy.
    SOURCE: Canadian Business Online 20 months ago
  2. I haven’t seen a job report this recessionary since the last recession
    View articles, topics, and photos related to this quote – Jared Bernstein SOURCE: The New York Times 20 months ago
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  1. ST ANDREWS, SCOTLAND - NOVEMBER 07: Britain's Prime Minister Gordon Brown (L) talks to the Chairman of the U.S. Federal Reserve Ben Bernanke (back to camera), U.S. Treasury Secretary Timothy Geithner (R) and Danish Prime Minister Lars Lokke Rasmussen, during a break at the G20 Finance Ministers...
  2. ST ANDREWS, SCOTLAND - NOVEMBER 06: Ben Bernanke, Federal Reserve Chairman, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  3. NEW YORK - NOVEMBER 04: Traders work on the floor of the New York Stock Exchange moments before the Federal Reserve announced it would leave interest rates unchanged on November 4, 2009 in New York, New York.
  4. WASHINGTON - OCTOBER 30: Former Associate General Counsel of the Board of Governors of the Federal Reserve System Oliver Ireland testifies before the House Financial Services Committee about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC.
  5. WASHINGTON - OCTOBER 29: Daniel K. Tarullo, Federal Reserve Governor, speaks during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
  6. Federal Reserve Chairman Ben S. Bernanke gestures during an address in Chatham, Mass. , Friday, Oct. 23, 2009.
  7. ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, G-7 Finance Ministers and their Bank Governors hold a meeting at the Istanbul Congress Center October 3, 2009 in Istanbul, Turkey.
  8. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  9. WASHINGTON - SEPTEMBER 28: World Bank President Robert Zoellick speaks on global economic crisis at the Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) September 28, 2009 in Washington, DC.

Cast of Characters

  1. Federal Reserve Federal Reserve
  2. United States Department of the Treasury United States Department of the Treasury
  3. George W. Bush George W. Bush
  4. See stories, photos, and quotes about Ambac Financial Group, Inc. Ambac Financial Group, Inc.
  5. MBIA, Inc.
  6. White House White House