Understanding the Credit Crunch

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Wednesday, November 30, 2011

What Are Fed Swap Lines and What Do They Do?

What Are Fed Swap Lines and What Do They Do?  
"The Federal Reserve moved in coordinated action with foreign central banks this morning in order to provide a pressure-release valve for funding markets without exposing the U.S. central bank to much risk." READ MORE

HEADLINE NEWS * MARKET NEWS * SENTIMENT * TRENDING * BONDS * FOREX
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Central Banks Take Coordinated Action

Central Banks Take Coordinated Action 
WASHINGTON — The world's major central banks launched a joint action to provide cheap, emergency U.S. dollar loans to banks in Europe and elsewhere, a sign of growing alarm among policy makers about stresses in Europe and in the global financial system.

HEADLINE NEWS * MARKET NEWS * SENTIMENT * TRENDING * BONDS * FOREX
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