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IPFS News Link • Federal Reserve

Fed could offer 'liquidity backstop' to SOME FIRMS

11-15-2009 • Bloomberg

Federal Reserve Bank of New York President William Dudley said the central bank could curtail the risk of future liquidity crises by providing a "backstop" to solvent firms with sufficient collateral. "The central bank could commit to being the lend

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Reported By Jean Carbonneau

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Fed could offer 'liquidity backstop' to SOME FIRMS

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