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Rating:Fed Opens the Discount Window Not Rated 2.0 Email Routing List Email & Route  Print Print
Friday, August 17, 2007

Fed Opens the Discount Window

News summary by MFWire's editors

After a challenging overnight in Asia, the Fed brought a ray of sunshine to the U.S. markets just after 8:00 Friday morning, when it opened the discount window by lowering the discount rate by 50 bps. The move immediately sent the markets higher based on futures trading. 

Edited by: Erin Kello


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