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Reliance on Fed Drops For Commercial Paper.
- Source :
-
Wall Street Journal - Eastern Edition . 5/1/2009, Vol. 253 Issue 101, pC2. 0p. - Publication Year :
- 2009
-
Abstract
- The article reports on the decline of Federal Reserve's commercial-paper lending to U.S. companies on May 1, 2009. The decline is a sign that market's reliance on the U.S. Federal Reserve is waning. Data from the Federal Reserve that companies have refinanced in the open market. The holdings of the Federal Reserve dropped to $181.80 billion on April 30, 2009.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 253
- Issue :
- 101
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 40512473