March 2008
CardLine;3/21/2008, Vol. 8 Issue 12, p9
Trade Publication
The article reports on the cut made by the U.S. Federal Reserve in its primary credit rate from 3.5 percent to 3.25 percent to boost market liquidity. Participants can buy and sell assets with a minimal loss of value in a liquid market. That step lowers the spread of the primary credit rate over the Federal Open Market Committee's target federal funds rate to one-quarter of a percentage point. The spread refers to the difference between a long-term interest rate and a short-term interest rate.


Related Articles

  • Fed auctions $30 billion.  // Long Island Business News (7/1993 to 5/2009);1/18/2008, Vol. 55 Issue 3, p10A 

    The article reports that Federal Reserve had auctioned $30 billion in funds to commercial banks at an interest rate of 3.95 percent to fight the effects of a serious credit crisis in the U.S. Accordingly, the Federal Reserve action marked the third in a series of innovative auctions to provide...

  • The Mechanics of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market. Bech, Morten L.; Klee, Elizabeth // Working Papers -- U.S. Federal Reserve Board's Finance & Economi;2010, p1 

    To combat the financial crisis that intensified in the fall of 2008, the Federal Reserve injected a substantial amount of liquidity into the banking system. The resulting increase in reserve balances exerted downward price pressure in the federal funds market, and the effective federal funds...

  • CUs Are Hauling Deposits To Corporates. Bartlett, Michael // Credit Union Journal;7/9/2007, Vol. 11 Issue 27, p1 

    The article reports that natural-person credit unions in the United States have been pouring deposits into corporate credit unions and moving out of overnights and into longer-term investments. According to the author, the credit unions' move is prompted by the belief that the Federal Reserve...

  • FOMC: Rates Unchanged, QE2 Nears End in June. Temple-West, Patrick // Bond Buyer;4/28/2011, Vol. 376 Issue 33508, p24 

    The article reports that the U.S. Federal Reserve Board will complete its Treasury securities purchasing program with an unchanged federal funds rate at the end of June 2011.

  • Rate rise respite. Debus, Keith // Enterprise/Salt Lake City;11/22/2004, Vol. 34 Issue 22, p10 

    Reports on the decision of the U.S. Federal Reserve Board to increase the federal funds rate, as of November 2004. Increase in the percentage of short-term interest rates; Impact of the deflation and recession of stock market on federal funds rate; Information on the monetary policy implemented...

  • US Economy Still Isn't In Great Shape. Iyer, Savita // High Yield Report;6/30/2003, Vol. 14 Issue 26, p2 

    Reports on the U.S. Federal Reserve's reduction of the federal funds rate from 1.25 percent to one percent, the lowest level since 1958.

  • How will the Fed handle unusual uncertainty? Beckner, Steven K. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Mar2001, Vol. 30 Issue 4, p26 

    Explores how the United States Federal Reserve Board will handle economic uncertainties in 2001. Cuts in Federal funds rate in January; Chairman Alan Greenspan's optimism about productivity growth; Decline in consumer and business confidence.

  • Demand drives 10-year. Salcedo, Yesenia; McMahon, Chris // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jul2005, Vol. 34 Issue 9, p22 

    Reports on the initiative of U.S. Federal Reserve Board to continue in raising the Federal fund rate. Strategy of China and India in buying U.S. dollars to maintain the trade imbalance; Inclusion of the Treasury notes; Appreciation of the investment and with the additional benefit of keeping...

  • QE3 still on table, though doubtful. Beckner, Steven K. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Apr2012, Vol. 41 Issue 4, p24 

    The article presents information on QE3 in the fund market and the Federal Open Market Committee's (FOMC) meeting held in January 24-25, 2012. It is stated that with or without QE3, there is little prospect of the U.S. Federal Reserve System's (FED) rate-setting FOMC bringing forward hikes in...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics