Summary
Banks borrow more from Federal Reserve
WASHINGTON Banks have stepped up their borrowing from the Federal Reserve, encouraged by central bank policymakers to help stem a credit crunch that has roiled Wall Street.See the full content of this document
Extract
Mortgage Roundup
The Federal Reserve said the daily average borrowing for the week ending Wednesday was $1.2 billion. That was the highest since the attacks of Sept. 11, 2001, the Fed said in a ...
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