Banks, investment firms draw less from Fed (San Francisco Chronicle)
May 14, 2009 by admin · Leave a Comment
Banks and investment firms trimmed their borrowing over the past week from the Federal Reserve’s emergency lending program, a hopeful sign that some credit problems are easing. The Fed on Thursday said commercial banks averaged $39.9 billion in daily… Related: Federal Reserve System – Commercial bank – FederalReserve – Credit – Central bank
