"The move won't directly affect borrowing costs for millions of Americans. But with the worst of the financial crisis over, it brings the Fed's main crisis lending program closer to normal."Read more...
"The economy is growing again, and financial conditions have improved. But unemployment is still near double digits, and demand for loans remains weak. Many ordinary Americans and small businesses have found it difficult to borrow."
Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason, than that of blind-folded fear. ~ Thomas Jefferson
2/18/2010
Fed bumps up rate banks pay for emergency loans
, On Thursday February 18, 2010,
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment