Tag: Money Markets
Australian Money Costs Fall for Second Day as Fed May Cut Rates
By Garfield Reynolds
Dec. 16 (Bloomberg) — Australian funding costs fell for a second day on speculation the Federal Reserve will cut U.S. interest rates to a record low, as policy makers worldwide seek to thaw frozen credit markets by pumping in extra cash.
Posted: December 16th, 2008 under News.
Tags: Australian Banks, Australian Dollar, currency, Federal Reserve, Global Recession, Great Depression, interest rate, liquidity infusions, London interbank offered rate, Money Markets, The Reserve Bank of Australia, U.S. Interest Rates
Comments: none
MONEY MARKETS-Libor watchers mull Fed mortgage debt buys
By John Parry and George Matlock
NEW YORK/LONDON, Nov 25 (Reuters) - A key test of credit market sentiment will be how interbank lending markets react to Wednesday’s Libor fixing to the U.S. Federal Reserve’s latest lifeline to languishing credit markets: a plan to directly buy $600 billion of mortgage-related assets.
Posted: November 26th, 2008 under News.
Tags: credit market, debt buys, interbank, Money Markets, mortgage, mortgage-related assets
Comments: none
MONEY MARKETS-Asian dlr rates steady but month-end demand looms
HONG KONG, Nov 24 (Reuters) - Dollar funding rates were steady on Monday but traders and analysts expect a scramble for funds ahead of the month- and year-end, with concerns about Citigroup and a looming recession also clouding the outlook.
Posted: November 24th, 2008 under News.
Tags: Asian Dollar, Citigroup, Dollar, Money Markets, rates, recessions
Comments: none