UPDATE 4-Fed provides massive liquidity injection to calm markets amid signs of stress
The Federal Reserve moved to stem a
market meltdown on Thursday with offers of $1.5 trillion in
short-term loans that some analysts say could point to more
aggressive action from the central bank in coming days to
stimulate the economy and stabilize the financial system.
market meltdown on Thursday with offers of $1.5 trillion in
short-term loans that some analysts say could point to more
aggressive action from the central bank in coming days to
stimulate the economy and stabilize the financial system.
Posted by Reuters
