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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
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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
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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
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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
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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
