Banks borrow more from Fed, investment firms less (AP)

U.S. Federal Reserve Board Chairman Ben S. Bernanke (L), shakes hands with Federal Reserve Board Governor Daniel K. Tarullo, as his wife Louisa B. Tarullo looks on during the swearing-in ceremony in Washington January 28, 2009. Tarullo on Wednesday took the oath of office as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 31, 2022.  REUTERS/U.S. Federal Reserve Board/Handout (UNITED STATES).  FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS.AP – Commercial banks boosted their borrowing over the past week from the Federal Reserve’s emergency lending program, while investment firms drew less.


Leave a Reply