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NewsWhore
06-23-2009, 03:40 PM
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Cash Supply Shows No Green Shoots for Fed Rates: Chart of Day (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DacuqGLfMZlIc&cid=1265496936&ei=njJBSveMFpTYNoOsyPAG&usg=AFQjCNFslwDoZX4zdEhLwVGXP0iK9a4FnA)
Bloomberg
... financial system, more than half, or 51 cents per dollar, is being posted back at the central bank by financial institutions in the form of excess reserves, a record high, according to Robert Rennie, head of currency research at Westpac in Sydney. ...


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