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Showing posts with label banking and money market system. Show all posts
Showing posts with label banking and money market system. Show all posts

9/11/2013

US Federal Reserve wants yet another tool in its swelled policy kit

NEW YORK/WASHINGTON: The Federal Reserve is developing yet another tool to help it keep borrowing costs on target when the era of zero-interest rates eventually ends, suggesting policymakers may doubt their existing ways and means can handle the task on their own.