Banks are easing their credit standards for large, private pools of cash. The end result could be growth in GDP and in the rate of inflation.
The Federal Reserve's quarterly survey of senior lending officers indicates that banks have lowered their credit terms (standards and interest rates) for hedge funds, insurance companies, and other private investors. This may be the first step in moving the new money that the Fed has printed into general circulation and could stimulate the economy. It could also stimulate inflation. http://www.hedgeworld.com/news/read_newsletter_aa.cgi?section=dail&story=dail18412.html
2 comments:
The fed has removed the charts from their Commercial Paper site after a re-design. I sent them an e-mail & they said not a lot of people were interested in the charts, but if they get enough requests they may re-instate them.
Tell everyone you know to send them requests for the charts.
Is there another source for the charts?
I contacted the Fed about the charts last month. I'm glad to know that they are open to re-instating them and will post that information.
Many thanks,
Deb
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