Banks reduce emergency borrowing from Federal Reserve as credit stresses easeSeptember 17th, 2009 Banks cut borrowing from Fed as credit easesWASHINGTON — Banks reduced their borrowing from the Federal Reserve's emergency lending facility over the past week, and cut back their use of other programs designed to ease the financial crisis. The reductions indicate that banks are having an easier time obtaining credit and don't have to rely as much on the Fed for short-term loans.
Banks cut borrowing from Fed's emergency lending program, sign credit stresses are easingSeptember 10th, 2009 Banks cut borrowing from Fed; credit woes easingWASHINGTON — Banks trimmed their borrowing over the past week from the Federal Reserve's emergency lending facility and cut back on other programs intended to ease the financial crisis, adding to evidence that credit markets are thawing. In a weekly report issued Thursday, the Fed said banks averaged $30.4 billion in daily borrowing over the week ended Wednesday.
Banks boost borrowing from Fed's emergency lending program, cut back on other types of loansSeptember 3rd, 2009 Banks borrow more from emergency Fed loan programWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs intended to ease the financial crisis. The results offered a mixed picture of credit conditions.
Fed names 4 firms to reach out to investors in program to spur consumer, business lendingSeptember 1st, 2009 4 firms to help investors tap Fed lending planWASHINGTON — The Federal Reserve on Tuesday named four more financial firms to help investors tap a government program intended to spark lending at cheaper rates to consumers and businesses. The companies are: CastleOak Securities, Loop Capital, Wells Fargo Securities and Williams Capital Group.
Federal Reserve: banks trim borrowing to $30.7 billion from emergency lending programAugust 20th, 2009 Banks trim borrowing from emergency Fed programWASHINGTON — Banks reduced their borrowing from a Federal Reserve emergency lending program for the third straight week, a sign the institutions are having an easier time getting credit from private markets. The Fed said Thursday that commercial banks averaged $30 billion in daily borrowing over the week that ended Wednesday.
Banks scale back borrowing from Fed's emergency lending program, sign credit crisis easingAugust 13th, 2009 Banks reduce emergency borrowing from FedWASHINGTON — Banks trimmed their borrowing from the Federal Reserve's emergency lending facility over the past week, and cut back their use of other programs designed to ease the financial crisis. The reductions indicate that banks are having an easier time obtaining credit and don't have to rely mostly on the Fed for short-term loans.
Banks boost borrowing from Fed's emergency program to $35.1 billion, but cut back elsewhereAugust 6th, 2009 Banks boost borrowing from Fed emergency programWASHINGTON — Banks boosted borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs designed to ease the financial crisis. The overall picture suggests some credit problems are easing.
Banks nudge up borrowing to $33.8 billion from Fed's emergency program, but cut back elsewhereJuly 30th, 2009 Banks edge up borrowing from Fed emergency programWASHINGTON — Banks nudged up borrowing from the Federal Reserve's emergency lending facility over the past week, while cutting back on other programs designed to ease the financial crisis. The overall picture suggests some credit stresses are easing.
Investors request $668.9 million in program aimed at spurring commercial real estate lendingJuly 16th, 2009 Commercial real estate lending program picks upWASHINGTON — Investors' appetite picked up this month for a government program aimed at spurring lending in the troubled commercial real estate market. The program is part of larger consumer lending effort called the Term-Asset Backed Securities Loan Facility, or TALF, which figures prominently in efforts by the Fed and the Obama administration to ease credit, stabilize the financial system and help the economy.
Banks cut borrowing to $34.46 billion from Fed's emergency program, sign credit stress easingJuly 16th, 2009 Banks trim borrowing from Fed emergency programWASHINGTON — Banks reduced borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, encouraging signs that some credit stresses are easing. The Fed said Thursday commercial banks averaged $34.46 billion in daily borrowing over the week that ended Wednesday.
Banks cut borrowing to $34.97 billion from Fed's emergency program, sign credit stress easingJuly 9th, 2009 Banks cut Fed borrowing, sign credit stress easingWASHINGTON — Banks trimmed borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, promising signs that some credit problems are easing. The Fed said Thursday commercial banks averaged $34.97 billion in daily borrowing over the week that ended Wednesday.
Banks trim borrowing to $35.9 billion from Fed's emergency program, sign credit stress easingJuly 2nd, 2009 Banks trim borrowing from Fed's emergency programWASHINGTON — Banks borrowed less from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, encouraging signs that some credit stresses are easing. The Fed on Thursday said commercial banks averaged $35.9 billion in daily borrowing over the week that ended Wednesday.
Banks trim weekly borrowing to $36.2 billion from Fed's emergency lending programJune 18th, 2009 Banks borrow less from Fed emergency loan programWASHINGTON — Banks have trimmed their borrowing from the Federal Reserve's emergency lending program, an encouraging sign that some credit stresses are abating. The Fed on Thursday said commercial banks averaged $36.2 billion in daily borrowing over the week that ended Wednesday.
Banks, investment firms borrow less over past week from Fed's emergency lending programMay 8th, 2009 Banks, investment firms draw less from FedWASHINGTON — The Federal Reserve says banks and investment firms borrowed far less over the past week from its emergency lending program, a hopeful sign some credit stresses are easing. The Fed says commercial banks averaged $40.9 billion in daily borrowing over the past week that ended Wednesday.
Consumer borrowing falls in March at fastest pace in over 18 years, Americans saving moreMay 8th, 2009 Consumer credit falls at fastest pace in 18 yearsWASHINGTON — Consumer borrowing plunged in March at the fastest pace in 18 years as Americans put away their credit cards and hoarded cash amid the worst recession in decades. The Federal Reserve says consumer borrowing dropped 5.2 percent in March, the biggest decline since an 8.1 percent fall in December 1990.
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