FED takes over money market …
Montag, Oktober 6th, 2008Interesting thing today!!! The FED announced, it will start paying interest on bank reserves. This will open the door to take over the money market as banks don’t trust each other. GOOD MOVE!!! At the same time, the FED said, it will DOUBLE the “firepower” until the year end. The FED is as well talking [...]
