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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Federated Investors Inc | NYSE:FII | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 36.23 | 0 | 01:00:00 |
From Sep 2019 to Sep 2024
The Federal Reserve is in talks with the money-market mutual fund industry with an eye toward draining as much as $1 trillion from the financial system, Bloomberg News reported Thursday on its Web site, citing a person familiar with those discussions. In addition, the Fed is considering conducting reverse repurchase agreements with Fannie Mae (FNM) and Freddie Mac (FRE), said the person. Spokesman for Fannie and Freddie declined comment. Separately, Deborah Cunningham, a chief investment officer at Federated Investors Inc. (FII), said talks between the Fed and the mutual fund industry "seem pretty positive," and that government and industry should be in a position to conduct those operations before the end of the year.
Full story at: www.bloomberg.com/apps/news?pid=20601087&sid=aSn2_iDKbl1g&pos=2
-Dow Jones Newswires; 212-416-2900
1 Year Federated Investors Chart |
1 Month Federated Investors Chart |
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