Bernanke Asks Congress to Accelerate Authority to Pay Interest

Federal Reserve Chairman Ben Bernanke asked Congress to accelerate the date when the Fed can pay interest on reserves, a power that would give it better control over interest rates and more leverage to battle the credit crunch.
In the letter to House of Representatives Speaker Nancy Pelosi …
Fuente Original

  16 May, 2008| Economy | @ 17:15

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