Fed plans term deposit facility test
NEW YORK (MarketWatch) — The Federal Reserve said Thursday that it will auction $ 5 billion in 28-day term deposits on Monday, continuing tests of its Term Deposit Facility, one tool to eventually drain excess liquidity from the banking system. The Fed started conducting these tests last year, initially for smaller amounts, saying they have no implication for near-term monetary policy. It said …
Read more on Market Watch
Related Blogs
- FIFA Finally Agree To Test Goal-Line Technology » Who Ate all the Pies
- Wild Vegas No Deposit Code « Diet pills
- 30-Day Facebook Fast
Popularity: 2% [?]
image wordpress plugin