Fed releases details of emergency lending restrictions

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The Federal Reserve released a note detailing the changes in the emergency lending restrictions. The Fed is set to vote on the following changes at a meeting today.

    Key Points

    Would bar emergency aid going to insolvent firms and make lending at a penalty rate

    Rules would broaden definition of insolvency

    Rules would require emergency lending to at least 5 firm
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