Federal Reserve Cuts Rates .75% Today
March 18th, 2008The Federal Reserve announced today at 2:18 PM that they would cut the key funds rate by .75% to 2.25% which was less than expected. More »
The Federal Reserve announced today at 2:18 PM that they would cut the key funds rate by .75% to 2.25% which was less than expected. More »
Vice Chairman Donald L Kohn spoke today at the University of North Carolina at Wilmington about the US economy and Monetary Policy. More »
Randall Kroszner spoke today at the Global Association of Risk Management Professional’s annual risk convention in New York.
Govenor Frederic Mishkin spoke today at the East Carolina University about inflation and our economy. More »
As troubled bond insurers like MBIA and Ambac fight to maintain their triple-A ratings, officials at these firms are pondering how their businesses might look if they do indeed get downgraded. More »
Banks and other lenders across the US have been tightening their credit standards and not just on mortgage loans. More »
Govenor Frederic Mishkin spoke today at the Tuck Global Capital Markets Conference regarding recent financial disruptions. More »
At a meeting with Congress this morning Ben Bernanke stated that the economic outlook has once again deteriorated and signaled that the central bank is ready to keep lowering rates as needed to combat economic deterioration. More »
Patrick M Parkinson, the Deputty Director for the Division of Research and Statistics, spoke today regarding the problems that bond insurance companies are facing. More »
Ben Bernanke spoke today at the Committee on Banking, Housing, and Urban Affairs regarding the economy. More »