New York Fed convened meeting with Wall Street firms over key lending facility
Impromptu talks come amid worries about strains in money markets
Related reading
Federal Reserve to loosen capital requirements for big US banks
Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis
The Fed’s delicate balancing act over liquidity
Optimism and greed complicate the central bank’s decisions during market disruptions
Banks tap Fed lending facility in sign of short-term market strains
Institutions borrow $15bn from standing repo facility in space of two days in sign of liquidity pressures
US money market risks fresh bout of stress, Wall Street banks say
Federal Reserve may need to begin asset purchases if short-term rates flare up again
US Treasury calls in regulators for talks on private credit risks
Discussions will include American and international insurance watchdogs
Bank of England to consult major private credit groups on stress test
Landmark exercise to test resilience of $16tn finance market outside banking