Banks, on the other hand, increased their borrowing, averaging 14.7 billion dollars a day. It was 13.4 billion last week.
Wall Street Firms Reduce, Banks Step up Fed Loans
WASHINGTON (AP) - June 26, 2008
A report from the central bank says the investment firms
averaged 6.1 billion dollars in daily borrowing for the week ending
yesterday, compared with 8.6 billion the previous week.