Jun 26
US: Fed extends liquidity facilities
The Federal Reserve issued a press release yesterday evening announcing extensions and some modifications to a number of its liquidity facilities. In general, the interest for taking out liquidity through the various facilities has been on a downward trend. By extending the most popular of the facilities to 1 February 2010, the Fed is ensuring that there will not be an abrupt stop that could disrupt markets. The Fed made it clear in the announcement that it does not expect there will be a need
