Stories Related to Fed's $1 Trillion Program To Jumpstart Credit Market Nears Launch

More on Federal ReserveThe US Federal Reserve will launch its financing ­programme, worth up to $1,000bn, for consumer and business loans in the coming days, amid concerns that hedge funds might find it difficult to take advantage of the scheme. The programme - the term asset-backed securities loan facility (Talf) - is the cornerstone of the US authorities' push to jump-start the credit market.

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