After eight years of manipulating interest rates and pouring trillions of dollars into the economy, with no exit plan I might add, stocks are getting their due. (profitconfidential.com)
In April, Deutsche Bank receive a $ 2.5 billion for manipulating interest rates, with New York receiving $ 600 million of that settlement money. (nystateofpolitics.com)
In a floor system, banks are kept flush with excess reserves, and monetary control is exercised, not be adjusting the quantity of reserves so as to achieve a particular equilibrium federal funds rate, but by manipulating the interest rate the Fed pays on banks» required and excess reserves holdings, alone or along with the Fed's overnight reverse - repo (ON - RRP) rate. (alt-m.org)