Fed pumps more cash as key rate breaks above target

The Federal Reserve injected another $75 billion (£60 billion) into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market drove the central bank's benchmark interest rate above its targeted range for the first time since the financial crisis.

 

From our friends over at the : Reuters: Top News

 

You can see the Full Story: Click Here