U.S. Fed moves to ensure liquidity in money market mutual funds
The U.S. Federal Reserve on
Wednesday night rolled out its third emergency credit program in
two days, announcing it would make loans to banks that offer as
collateral assets purchased from money market mutual funds.
Wednesday night rolled out its third emergency credit program in
two days, announcing it would make loans to banks that offer as
collateral assets purchased from money market mutual funds.
Posted by Reuters
