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Last updated on April 24, 2014 at 17:35 EDT

Latest Excess reserves Stories

2013-08-22 12:26:49

NEW YORK, Aug. 22, 2013 /PRNewswire/ -- The free Summer E-Issue of Grant's Interest Rate Observer, a journal of the financial markets, is posted and available for download at articles.grantspub.com/summer-e-issue. This issue is an anthology of articles hand-picked for you to share with our compliments. To subscribe please visit: www.grantspub.com/subscribe or call John D'Alberto: (646) 312-8890. The free Summer E-Issue has nine articles including: Demobilizing the reserves...

2013-07-24 16:23:29

NEW YORK, July 24, 2013 /PRNewswire/ -- The July 26(th) issue of Grant's Interest Rate Observer, a journal of the financial markets, is published and available to the public. This issue is now available for download at www.grantspub.com for all subscribers. To subscribe please visit: http://www.grantspub.com/subscribe or call John D'Alberto: (646) 312-8890. The current issue includes the following articles: Demobilizing the reserves One day soon, banks will have on deposit at the...

2008-11-18 10:40:31

U.S. Federal Reserve Chairman Ben Bernanke told members of Congress Tuesday the federal equity purchase plan has begun to take hold. The value of the TARP (the Treasury's Troubled Asset Relief Program) has already been demonstrated "¦ and spread to many countries, Bernanke told members of the House Financial Services Committee. Bernanke said combined efforts including the Federal Deposit Insurance Corp.'s guarantee of non-interest bearing bank accounts and expanded Federal Reserve...

2005-09-20 13:25:48

WASHINGTON (Reuters) - The Federal Reserve raised U.S. interest rates on Tuesday for an 11th straight time, saying Hurricane Katrina will provide only a temporary setback to the broad economy. But one policy-maker dissented from the rate-rise vote, saying he preferred to hold rates steady. The rate-setting Federal Open Market Committee voted 9 to 1 to increase the benchmark federal funds rate -- charged on overnight loans between banks and intended to influence credit costs...