Bankruptcy Law News
10/10/2008 11:51:25 AM EST
Rate cut loosens credit only at the margins
NEW YORK – (AP) The credit markets might not be quite as squeezed as they have been recently, thanks to the Federal Reserve's interest rate cut. But they're hardly back to normal.
In two signs of continued strain, a key bank-to-bank lending rate rose Thursday and the amount of commercial paper in the market fell for the fourth straight week … Full version (available to lexis.com subscribers)
Create an account or login to post comments.