51.5 F
Laguna Hills
Thursday, Mar 28, 2024
-Advertisement-

Fed to Auction $1B in Term Deposits June 14

The Federal Reserve on Friday announced three auctions of short-term deposits, stressing that it is merely testing its ability to withdraw the massive amount of credit it has pumped into the economy, but not tightening monetary policy.

*For more on this story, read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-