Banks borrow more from Fed, investment firms less (Fort Worth Star-Telegram)

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By JEANNINE AVERSA Commercial banks boosted their borrowing over the past week from the Federal Reserve’s emergency lending program, while investment firms drew less. The Fed on Thursday said commercial banks averaged nearly $65 billion in daily borrowing over the week ending Wednesday. That was up from $61.6 billion in average daily borrowing logged over the week that ended Jan. 21. Investment …

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