NewsMine — economy — united-states — 2007-aug-dec — Viewing Item

Federal reserve injects 17b into market { July 2007 } Original Source Link: (May no longer be active)    http://www.breitbart.com/article.php?id=070823142033.tdr8v597&show_article=1 http://www.breitbart.com/article.php?id=070823142033.tdr8v597&show_article=1 Fed injects 17.25 billion dollars into market Aug 23 10:20 AM US/Eastern The US Federal Reserve injected 17.25 billion dollars into the financial system in three actions Thursday, the latest in a series of moves designed to ease a credit squeeze in global markets. The Federal Reserve Bank of New York, which handles the overnight repurchase agreements for the Fed, announced the actions on its website. A first injection of seven billion dollars at 8:30 am (1230 GMT) was followed by another of the same amount at 9:40 am and a third of 3.25 billion at 9:55 am. The latest injections brought the total to 120.5 billion dollars added to money markets in repurchase agreements in the past two weeks. Central banks began a series of major cash infusions on August 9 to ease tightening credit due to a crisis in the US high-risk subprime mortgage sector. The US central bank on Friday unexpectedly slashed its discount rate to commercial banks to 5.75 percent from 6.25 percent to ease lending between banks. Copyright AFP 2007

Americans struggle more living by paycheck { September 2007 } Bernanke says housing slowing economy { October 2007 } Bet on fed cut as dollar falls to record low { September 2007 } Dollar sinks as feds surprise cut rates { July 2007 } Dow drops over 360 on dollar credit worries { October 2007 } Dow plunges 387 on subprime concerns Fed chair says inflation will cause big problems { October 2007 } Fed pumps 20b to stop stock slip { July 2007 } Federal reserve injects 17b into market { July 2007 } Inflation evidence curbs inflation fears { November 2007 } Inflation jumps { November 2007 } Investors selling gold as market crashes { July 2007 } Markets fall because rate cut too small { November 2007 } Oil and toys increase trade deficit { December 12 2007 } Stocks fall on france worries over US credit { July 2007 } Stocks fall over 360 on credit concerns { September 2007 } Stocks plunge on oil credit worries { October 2007 } Stocks soar with rate cut hope { October 2007 } Stocks threaten to drop if fed doesnt cut big { November 2007 } US economy problems either way { December 24 2007 } Wallstreet loses and bonds record rally { August 2007 } World stocks continue to tumble { July 2007 } World stocks meltdown over US economy fears { July 2007 } Files Listed: 23

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