Economy
Fed, Central Banks Move To Boost Liquidity
The Federal Reserve, the Bank of England and other central banks announced further measures Monday to improve liquidity in short-term U.S. dollar funding markets.
The Bank of England, the European Central Bank, and Swiss National Bank will conduct tenders of U.S. dollar funding at seven-day, 28-day, and 84-day maturities at fixed interest rates for full allotment. Funds will be provided at a fixed interest rate, set in advance of each operation "against the appropriate collateral in each jurisdiction." The Federal Reserve also said the swap lines between it and the BOE, ECB and Swiss National Bank will be increased to "accommodate whatever quantity of U.S. dollar funding is demanded." The Fed said the Bank of Japan was considering similar measures.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.02 |
Oil *
103.34
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160.83 |
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19.10 |
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33.63 |
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0.23 |
10 Yr
1.60%
SPDR Gold
151.91
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-1.28%
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-1.43%
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-1.17%
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-1.42%
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