Description:Â The Fed raised the rate it charges banks for emergency loans by a quarter percentage point. WSJ’s Justin Lahart breaks down what it means in an interview with Simon Constable.
Source: Marketwatch – video report
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Date: 02/18/2010
Questions for discussion:
- Summarize the reasons given in the report for a gradual increase to rates?
- What impact will this particular rate increase have on corporate financial planning and investment strategies?
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