Fed considers paying interest on reserves

04/29/2008 | Reuters

The Federal Reserve's Board of Governors will meet Wednesday to discuss paying interest on bank reserves. The meeting announced Monday does not mean the U.S. central bank is ready to take that step, which would require congressional action. Fed officials are mulling several options to loosen credit markets that are impeding U.S. economic growth.

View Full Article in:

Reuters

Published in Brief: