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Fed bumps up rate banks pay for emergency loans – Wall Street

Posted on: February 19th 2010 in Market News.

Fed raises banks’ emergency-loan rate to 0.75 pct; won’t directly affect consumer borrowing By Jeannine Aversa, AP Economics Writer , On Thursday February 18, 2010, 7:35 pm EST WASHINGTON (AP) — The Federal Reserve decided Thursday to boost the rate banks pay for eme…

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