Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
IWall St. JournalI picks up CUNA comment on market
NEW YORK (12/26/08)--The Wall Street Journal has picked up an article about the effects of the Federal Reserve’s rate cut on money-market funds. The article includes a comment by a Credit Union National Association (CUNA) economist. The Journal published the item on Monday. It originated with Dow Jones Newswires. In it CUNA senior economist Mike Schenk said other funds are nervous about breaking the buck. “They’re staying short term and avoiding credit risks. That’s driving yields down” beyond the effect of the last week’s Fed’s rate cut, he said. News Now reported on the original article last week.
Other Resources

RSS





print
News Now LiveWire
App puts #CUNAGAC in palms of attendees' hands #NewsNow http://t.co/piabPHIGb5
15 minutes ago
App puts #cunagac in palms of #creditunion attendees' hands http://t.co/2XZC3LWw6Z
1 hour ago
Breaking at #NewsNow: @CUNA files amicus brief in Florida interchange case. http://t.co/gWSBjCtSD7
1 hour ago
What is the @NCUFoundation ? Watch this Foundation video: http://t.co/iC6XoInU7r
4 hours ago
Follow @cumagazine for even more #CUNAGAC live-action reports March 8-12 #creditunion #creditunions #UniteForGood
7 hours ago