As everyone knows, easy availability of credit at favorable rates of interest is one of the backbones of the trading ecosystem in Wall Street. Hence, if there is a slight rise or any kind of fluctuation in that rate of short term borrowing, then the entire structure enters a risky zone. Every day, trillions of …The post NY Fed Ploughs in $53 Billion to Save Overnight Lending Market Amid Turmoil in Financial Markets appeared first on CryptoNewsZ.
