Xinhua logo Xinhua 16 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. WCCO logo
    Fed Takes Bigger Step To Ease Credit Crunch
    16 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 WCCO

  2. Detroit News Online logo
    Fed to auction more cash this month as credit-crunch fix
    16 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

  3. Atlanta Journal Constitution logo
    Fed takes steps to ease credit crunch
    16 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

  4. Newsvine logo
    US Stocks Fall on Fed Auction
    16 months ago

    NEW YORK — U.S. stock futures fell Friday after the Federal Reserve said it will take new steps to ease credit troubles, including boosting the amount of money it will auction to banks. Full Article at Newsvine

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 16 months ago
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Related Photos

  1. NEW YORK - JUNE 26: Tourists are shown the New York branch of the Federal Reserve during an Uncle Sam's New York Tour of Manhattan's financial district June 26, 2009 in New York City.
  2. A man walks in front of the U.S. Federal Reserve building in Washington, June 24, 2009.
  3. The U.S. Federal Reserve is reflected in a car as a security officer patrols the front of the building in Washington, June 24, 2009.
  4. A specialist works at his post on the floor of the New York Stock Exchange after the Fed interest rate decision, Wednesday, June 24, 2009. Policymakers at the Federal Reserve decided to leave a key interest rate unchanged at between zero and 0.25 percent, where it has been since December.
  5. NEW YORK - JUNE 24: Traders work on the floor of the New York Stock Exchange as the Federal Reserve announces that it will be keeping its key interest rate near zero on June 24, 2009 in New York, New York.
  6. A pair of specialists work on the floor of the New York Stock Exchange Wednesday, June 24, 2009. Policymakers at the Federal Reserve decided to leave a key interest rate unchanged at between zero and 0.25 percent, where it has been since December.
  7. Trader Sal Spaltro, with Albert Fried & Co. , works in his booth on the floor of the New York Stock Exchange Wednesday, June 24, 2009. Policymakers at the Federal Reserve decided to leave a key interest rate unchanged at between zero and 0.25 percent, where it has been since December.
  8. NEW YORK - JUNE 24: A trader works on the floor of the New York Stock Exchange June 24, 2009 in New York City.
  9. NEW YORK - JUNE 24: People walk along Wall St. outside of the New York Stock Exchange June 24, 2009 in New York City.

Cast of Characters

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