Bank of Canada and the Fed agree on a US$10 billion swap facility
The U.S. Treasury Department today announced a special new financing program to support the U.S. Federal Reserve’s recent efforts to maintain market liquidity and support failing financial institutions.At the request of the Fed, the Treasury has announced a temporary Supplementary Financing Program, which will consist of a series of Treasury bills that will provide cash […]
U.S. government to take 80% stake in insurance giant
Inflation expected to moderate
Central banks move to inject liquidity
U.S. central bank working with banks to ensure liquidity
Officials divided on inflation outlook
Inflation remains a concern
Plans to increase the size of a swap line with the European Central Bank
Uncertain outlook poses challenge for U.S. policymakers