Fed to Auction $100 Billion to Cash-Strapped Banks
Deseret News (Salt Lake City) › March 29, 2008
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Summary
WASHINGTON -- The Federal Reserve said Friday that it will auction an additional $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis.
The central bank said it would make $50 billion available at each of two auctions, on April 7 and April 21.See the full content of this document
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Fed to Auction $100 Billion to Cash-Strapped Banks
Through the end of Mar...
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