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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 (U.S.). Full Article at Globe and Mail
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Borrowing by U.S. consumers rose in January as Americans spent twice as much on their credit cards as they did a month earlier. Consumer credit increased by $6.9 billion to $2.52 trillion, the Federal Reserve said Friday. Full Article at Salt Lake Tribune
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It's not just subprime loans. These days, just about anyone holding a piece of the roughly $27 trillion in credit securities " everything from municipal bonds to funding for student loans " is ask... Full Article at Malaysia Sun
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It's not just subprime loans. These days, just about anyone holding a piece of the roughly $40 trillion in securities backed by debts is asking: Just how much are these things worth? Full Article at MSNBC
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WASHINGTON -- The Federal Reserve is taking bigger steps to ease the nation's credit crisis, including increasing the amount of loans it plans to make available to banks this month to $100 billion. Full Article at The Washington Post
Related Quotes
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The question appears no longer to be are we going into a recession but how long and deep it will be
SOURCE: Mail & Guardian Online -
There's not much gas left in the tank
SOURCE: Salt Lake Tribune -
The underlying trends are horrible, with worse to come
SOURCE: Mail & Guardian Online -
We believe that the steps we've taken, together with the actions taken by the Federal Reserve, will have a positive effect on our economy
