MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Friday, August 17, 2007 Fed Opens the Discount Window After a challenging overnight in Asia, the Fed brought a ray of sunshine to the U.S. markets just after 8:00 Friday morning, when it opened the discount window by lowering the discount rate by 50 bps. The move immediately sent the markets higher based on futures trading. Printed from: MFWire.com/story.asp?s=15438 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |