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2012-08-23 — reuters.com
``A couple of policymakers favored lowering the rate the Fed pays banks to park their excess reserves at the central bank, currently at 0.25 percent. But several worried that money market funds could run into trouble if their returns are crimped further.
Officials noted the European Central Bank's recent decision to lower its deposit rate to zero offered a chance to learn about possible effects.'' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |