UPDATE 1-Fed keeps cash spigot open as key rate punches above its target
The Federal Reserve injected
more cash into the U.S. banking system on Wednesday as the key
interest rate pierced above the central bank’s targeted range
for the first time since the height of the global financial
crisis over a decade ago.
more cash into the U.S. banking system on Wednesday as the key
interest rate pierced above the central bank’s targeted range
for the first time since the height of the global financial
crisis over a decade ago.
Posted by Reuters
