The New York Fed stepped into money markets to tamp down soaring interest rates that had threatened the central bank's control of its benchmark
The Federal Reserve Bank of New York said it would carry out up to $75 billion of transactions known as repurchase agreements on Tuesday to relieve funding pressure in overnight money markets.
Strains developed Monday in short-term financing markets that suggested the central bank could lose control of its benchmark federal-funds rate.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
New York Fed carrying out repo operation to keep fed funds rate in target rangeThe New York Federal Reserve bank said it was carrying out up to $75 billion worth of repuchase agreements, or repo, on Tuesday between 9:30 a.m. Eastern to...
Leer más »
Steven S. DeKnight Steps Down as ‘Jupiter’s Legacy’ ShowrunnerNetflix’s series adaptation of “Jupiter’s Legacy” has lost showrunner and executive producer Steven S. DeKnight, Variety has confirmed. DeKnight has exited the series over c…
Leer más »
5 steps to understanding Canada’s electionCanada officially kicked off its campaign season last Wednesday — and elections will be over by the end of October. Here's how they elect a prime minister and Parliament.
Leer más »
Christina Aguilera Steps Out in London With a Sleek New LookThe singer’s slicked-back hair and bold red lip fit in perfectly at London Fashion Week.
Leer más »
Christie Brinkley is out of 'DWTS,' but daughter steps in to 'save the day'After Christie Brinkley broke her arm during a 'Dancing With the Stars' rehearsal, daughter Sailor Brinkley-Cook stepped up to take her place on the show.
Leer más »
Turkey, Russia, Iran agree steps to ease tensions in Syria's Idlib despite lingering differencesThe leaders of Turkey, Russia and Iran meeting in Ankara on Monday agreed to try...
Leer más »