Wall Street firms reduce, banks step up Fed loans | KXNet.com North Dakota News
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Wall Street firms reduce, banks step up Fed loansJun 26 2008 3:53PM
Associated Press A report from the central bank says the investment firms averaged 6.1 billion dollars in daily borrowing for the week ending yesterday, compared with 8.6 billion the previous week. Banks, on the other hand, increased their borrowing, averaging 14.7 billion dollars a day. It was 13.4 billion last week. % |
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