MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, September 24, 2009 Will the Fed Enlist Money Funds in a Preemptive Fight Against Inflation? Just after the Treasury shut down the money fund guarantee program, the Federal Reserve may be looking to money market funds for help. The Financial Times' Krishna Guha and Michael Mackenzie report that the central is mulling an inflation-fighting strategy that would entail borrow up to $500 billion from money market funds, putting up mortgage-backed securities and Treasuries as collateral. Printed from: MFWire.com/story.asp?s=22715 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |