Agencies call on banking organizations to review management compensation policies
The U.S. Federal Reserve Board warned Tuesday that people seeking loans are being enticed with fraudulent promises of access to a non-existent Fed facility.The Fed reported instances of questionable solicitations directed at consumers that promise access to personal loans through a Federal Reserve lending program that doesn’t exist.Under this fraudulent scheme, targeted individuals are told […]
Cut won’t likely be enough to prevent economy from slipping into recession
MMIFF should improve liquidity position of money market investors
Second fiscal stimulus could include spending on infrastructure, healthcare, income security, and access to credit
Congress should consider measures to improve access to credit by consumers, home buyers, businesses and other borrowers, Bernanke says
Report suggest broad weakness in U.S. economy
Bank of Canada acts to boost market liquidity; U.S. government to buy banking shares
Bank of Canada lowers overnight rate target to 2.5%
Several of the world’s major central banks are spelling out their latest new measures aimed at pumping up market liquidity.The banks, led by the U.S. Federal Reserve Board, recently announced coordinated actions to expand the provision of U.S. dollar liquidity. Today, they announced schedules for term and forward auctions of U.S. dollar liquidity conducted during […]