Friday, February 1, 2013

FOXBusiness.com: Fed's Dudley floats even broader revamp of wholesale funding

FOXBusiness.com
FOX Business Network - The Power to Prosper
Fed's Dudley floats even broader revamp of wholesale funding
Feb 1st 2013, 14:42

The United States could adopt even broader reforms of the wholesale funding markets than currently being considered, including forcing firms to rely more on longer-term funding or expanding the U.S. Federal Reserve's backstop, an influential Fed official said on Friday.

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