BUSINESS
12/07/2008 05:12 am ET | Updated May 25, 2011

Fed Lends Another $100 Billion

The Federal Reserve continued its massive lending efforts to business in the past week, pumping $100 billion more into the credit stream through a new short-term funding program.

Fed numbers released Thursday showed that Fed lending in the so-called Commercial Paper Funding Facility increased to $243 billion from $144 billion a week earlier. The facility opened on Oct. 20.

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