Law Blog - WSJ.com (Free subscription) | 10/12/2008
The U.S. Federal Reserve has put in place a number of temporary facilities to inject liquidity into the financial system, which will have to be unwound at some point, Federal Reserve Bank of Dallas President Richard Fisher said.
ireland.com (Free subscription) | yesterday
Oil climbed more than $2 this morning, recouping part of Friday's 10 per cent dive as European leaders took bolder steps to pull the banking sector out of crisis, but some gains faded as traders curbed their initial enthusiasm.
ArabianBusiness.com (Free subscription) | yesterday
Previous losses recouped as leaders in US and Europe act to halt further turmoil.
Reuters UK (Free subscription) | yesterday
PERTH (Reuters) - Oil rose over $3 to top $80 a barrel on Monday, recouping some of previous session's 10 percent loss, in a relief rally as leaders in the United States and euro zone took steps to pull the banking sector away from a deeper collapse.
Indian Express (Free subscription) | 10/08/2008
"I'm not as worried as I was before that we might, when the financial system was repaired, have ... inflationary pressure," Dallas Federal Reserve President Richard Fisher told a community bankers in Wichita Falls, Texas. Fisher had dissented against monetary policy easing all year, although he voted with the rest of the US central bank's interest rate-setting committee to keep...
Reuters (Free subscription) | 10/07/2008
... financial system was repaired, have ... inflationary pressure," Dallas Federal Reserve President Richard Fisher told a community bankers in Wichita Falls, Texas.Fisher had dissented against monetary policy easing all year, although he voted with the rest of the U.S. central bank's interest rate-setting committee to keep rates on hold at 2 percent at their last meeting, on September...
Reuters (Free subscription) | 10/07/2008
... a 75 basis-point cut by the U.S. central bank this month.Federal Reserve Bank of Dallas President Richard Fisher, considered an inflation hawk, said capital markets were in "semi-panic."
Times of India (Free subscription) | 10/07/2008
... a 75-basis-point cut by the US central bank this month. Federal Reserve Bank of Dallas President Richard Fisher, considered an inflation hawk, said capital markets were in "semi-panic" and said he was more worried about markets breaking down than upward pressure on prices. "What I'm more worried about is how dysfunctional the system has become and what we, as the lender of last resort,...
Market Watch (Free subscription) | 10/06/2008
U.S. stock futures tumbled Monday as the world’s financial crisis didn’t appear to be repaired by the $700 billion troubled rescue plan, with Germany seeing the need to guarantee its retail deposits and Bank of America settling a regulatory dispute by cutting mortgages by $8.4 billion.
