The Federal Reserve said Friday that it would maintain its new special credit system "as long as necessary" to deal with a liquidity squeeze hurting the banking system.
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Fed to keep up new auction system ‘as long as necessary’Posted by UK Economy News
In UK financial news
21Dec 07 The Federal Reserve said Friday that it would maintain its new special credit system "as long as necessary" to deal with a liquidity squeeze hurting the banking system.
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