MONEY MARKETS-U.S. Fed jumps into action to calm money markets
The U.S. Federal Reserve on
Tuesday injected billions into the financial system in an effort
to calm money markets that have been roiled since Monday, as
lending dwindled partly due to huge payments for taxes and bond
supply.
Tuesday injected billions into the financial system in an effort
to calm money markets that have been roiled since Monday, as
lending dwindled partly due to huge payments for taxes and bond
supply.
Posted by Reuters
