![]() Washington Post | Fed to Provide Up to $540 Billion to Aid Money Funds (Update3) Bloomberg - By Craig Torres Oct. 21 (Bloomberg) -- The Federal Reserve will provide up to $540 billion in loans to help relieve pressure on money- market mutual funds beset by redemptions. TOPWRAP 6-US Fed aids money markets; IMF readies rescues Federal Reserve to help shore up money market funds |
