Tag Archives: bank of tokyo mitsubishi

Interest Rates Remain Near Zero

Fed chair Ben Bernanke is about to be confirmed by the US Senate to a second term. The Fed says that prospects for the economy are looking up. Despite this, they plan to keep interest rates near zero. Easy money … Continue reading

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More Collateral Accepted in Auction Program

Bloomberg says the Federal Reserve has increased the collateral eligible for its auction of Treasuries to include bundled mortgage debt and securities linked to commercial-property loans. The Fed is intervening in a massive way to bail out the troubled mortgage … Continue reading

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