Saturday, May 3, 2008

Fed boosts emergency reserves to banks to US$150b in May

(WASHINGTON) The Federal Reserve yesterday announced that it will expand a series of efforts to deal with the global credit crisis, in coordination with European central banks.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,277635,00.html?

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