U.S. Treasury, Fed pledge additional support for financial markets
The temporary reciprocal currency arrangements aim “to address elevated pressures in U.S. dollar short-term funding markets.”
U.S. officials say action is necessary to address the root cause of market turmoil
Morgan Stanley then reaches into an agreement in which 20% of itst equity would be sold to Japan's Mitsubishi UFJ Financial Group Inc.
Bank of Canada and the Fed agree on a US$10 billion swap facility
The U.S. Treasury Department today announced a special new financing program to support the U.S. Federal Reserve’s recent efforts to maintain market liquidity and support failing financial institutions.At the request of the Fed, the Treasury has announced a temporary Supplementary Financing Program, which will consist of a series of Treasury bills that will provide cash […]
U.S. government to take 80% stake in insurance giant
Inflation expected to moderate
Central banks move to inject liquidity
U.S. central bank working with banks to ensure liquidity