Archive for the ‘Government’ Category

The Fed and non-borrowed funds

Thursday, July 31st, 2008

A few readers were commenting on the significance of the following and I have decided to throw my two cents in: http://www.federalreserve.gov/releases/h3/current/ Non-borrowed Funds As a result of increased counterparty risk inter-bank borrowings between the banks had dried up. In response, Federal Reserve (Fed), in December 2007, announced Term Auction Facility (TAF) ...

The Fed and non-borrowed funds

Friday, July 25th, 2008

A few readers were commenting on the significance of the following and I have decided to throw my two cents in: http://www.federalreserve.gov/releases/h3/current/ Non-borrowed Funds As a result of increased counterparty risk inter-bank borrowings between the banks had dried up. In response, Federal Reserve (Fed), in December 2007, announced Term Auction Facility (TAF) ...