Fed holds off on permanent lending tool as policymakers mull details
Share:
NEW YORK (Reuters) - The Federal Reserve will hold off deciding whether to introduce a permanent lending facility aimed at staving off the money market ructions seen earlier this fall even as a growing number of policymakers warm to the idea, several sources told Reuters.Concerns ranging from how to fine tune such a facility to whether the temporary solution the Fed installed several weeks ago is sufficient for the long term are feeding a debate over the matter.Around two-thirds of the Federal..