Hour 1 - 3
Wednesday, February 24th 2010
Through the Emergency Stabilization Act of 2009, passed shortly after the Lehman bankruptcy, Congress accelerated the effective date to October 1, 2008 of an amendment to the Federal Reserve Act that would give the Fed the authority to pay interest on excess reserves.
Ernest does his best to explain this so we all can understand what is about to happen (Breaking news today)
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Economy - Economics USA
Fed/Treasury Covert Tightening Alert: $200 Billion in liquidity to be withdrawn over next 8 weeks (S
02-24-2010 • Google Search
On the heels of the surprise discount window rate hike late last week, and on the eve of Bernanke’s Congressional testimony, speculation abounds as to the when and where of the next round of tightening. We need look no further than the US Treasury p
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