MONEY MARKETS-U.S. Fed dusts off old play to soothe money markets
The U.S. Federal Reserve on
Tuesday injected billions of dollars into the financial system
with a move it has not used in more than a decade to calm money
markets, as lending dwindled partly due to huge payments for
taxes and bond supply.
Tuesday injected billions of dollars into the financial system
with a move it has not used in more than a decade to calm money
markets, as lending dwindled partly due to huge payments for
taxes and bond supply.
Posted by Reuters
