MSNBC logo MSNBC 21 months ago

Federal Reserve moves to ease the credit crisis

The Federal Reserve said Friday it is taking bigger steps to ease the United States' credit crisis, including increasing the amount of money it will auction to banks this month to $100 billion (euro64.86 billion). Full Article at MSNBC

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. 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

  3. 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

  4. Globe and Mail logo
    Federal Reserve takes new steps to avert credit crisis
    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 (U.S.). Full Article at Globe and Mail

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Related Quotes

  1. One of the big surprises in the report was the unemployment rate moderating to 4.8% (median 5.0%) from 4.9% ... The moderation, however, masked underlying weakness in the household survey, as this survey's employment measure fell 255,000, but was overwhelmed by a hefty 450,000 drop in the workforce.
    SOURCE: Business Week 21 months ago
  2. 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: The Washington Post 21 months ago
  3. They're recognizing that financial markets aren't functioning well, and that that creates risks to the real economy
    SOURCE: The Washington Post 21 months ago
  4. The jobs picture dimming could potentially force homeowners to sell their homes
    SOURCE: Business Week 21 months ago
View all Related Quotes »
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  1. An employee puts a "SALE" sign on the window of the Reiss store on Newbury Street in Boston, Massachusetts December 10, 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. Newly appointed Jordanian Prime Minister Samir Rifai (C) leaves Raghadan Royal Palace after the swearing-in ceremony at the royal court in Amman December 14, 2009.
  5. MELBOURNE, AUSTRALIA - DECEMBER 12: Toni Collette poses with the International Award for Best Actress for United States of Tara during the 2009 Samsung Mobile AFI Awards at the Regent Theatre on December 12, 2009 in Melbourne, Australia.
  6. KEARNS, UT - DECEMBER 12: Chad Hedrick of the United States skates the 5000m race during the day 2 of the ISU World Cup Speedskating Championships at the Utah Olympic Oval on December 12, 2009 in Kearns, Utah.

Cast of Characters

  1. Federal Reserve Federal Reserve
  2. George W. Bush George W. Bush
  3. Ben Bernanke Ben Bernanke
  4. U.S. Congress U.S. Congress
  5. U.S. Senate U.S. Senate
  6. White House White House