Fed's Bernanke sees improved market conditions
Conditions in a number of financial markets have improved in recent weeks, said Ben Bernanke, the chairman of the Federal Reserve.
Bernanke said that among the markets that have recently begun to function a bit better were the markets for short-term funding, including the interbank and commercial-paper markets. He also said that the modest improvement in funding conditions had contributed to diminished use of the Fed's liquidity facilities and its commercial-paper facility. He also said that the
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