Fed Auction
- 00:01:01
- EBRU
Fed Auction
The Federal Reserve, seeking to combat the effects of a serious credit crisis, said Tuesday it had auctioned $30 billion in funds to commercial banks at an interest rate of 3.010 percent.
EBRU | February 12, 2008
Fed holds first auction for 84-day loans
Fed cuts target for key rate to record low
Fed Pledges to Use All Tools to Help Economy
USA: Economists predict the U.S. Federal Reserve will slash its benchmark rates for first time since mid-2003
Stocks tumble after Fed moves
Washingtons Bailout Proposal Offers Little Assurance
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