Bernanke at Jackson Hole: In The Loop (08/31)

Aug. 31 (Bloomberg) -- On today's "In The Loop," the meeting of central bankers and economists in Jackson Hole, WY, an analysis of Mitt Romney's speech at the Republican National Convention and the big business of tennis. (Source: Bloomberg)

Fed Approves Emergency Lending Limits for Financial Firms
13:06 - Federal Reserve Chair Janet Yellen presides over a meeting of the Fed Board of Governors in Washington to discuss and vote on rules governing the central bank's ability to help failing financial firms. Under the Fed’s revised authority approved in the vote Monday, the central bank would only be able to save firms in a broad-based scenario, meaning it must help at least five entities at the same time. (Source: Bloomberg)
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