Federal Reserve Chairman Ben Bernanke outlined the likely path the Fed would take to tighten credit once the economy has recovered enough. In another step toward unwinding its crisis-lending programs, he said Wednesday the Fed could soon begin raising its discount rate, charging more for emergency loans it makes directly to banks. In testimony prepared [...]
Posts Tagged ‘federal-funds rate’
Bernanke Outlines Exit Strategy
February 11th, 2010 
admin 
Posted in Business News 
Tags: banks, central bank, economy, federal-funds rate, funds, monetary policy, Strategy 
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