Credit Extended through Federal Reserve Liquidity Facilities

Credit Extended through Federal Reserve Liquidity Facilities
Note: the drop doesn’t mean that the Fed has reduced liquidity, it has been replaced by securities held outright.

Source: Federal Reserve System Monthly Report on Credit and Liquidity Programs and the Balance Sheet, July 2009

Posted by jck on July 10th, 2009 at 3:56 pm    0 Comment

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