Federal Reserve Archives

Apr30
Fed Cuts Key Rate By a Quarter Point, Economy Grows 0.6 Percent
The Federal Reserve cut interest rates by another quarter-point today, as the expected move brings interest rates to 2 percent for short-term lending. They also cut the discount rate by a quarter point to 2.25 percent.Consensus is the Fed will...
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Mar31
U.S. Treasury Secretary Henry Paulson says Treasury Changes will take Years
The Treasury plan reported on over the last couple days, in reality fuels more questions than it answers, as the extremely vague plan - if you could call it that - doesn't really outline much in detail.One thing the plan... Continue Reading
Mar18
Fed Leaves Some Room on the Table, Cuts Rates by Three-Quarter Point
It used to be that a three-quarter cut in interest rates by the Federal Reserve would have been considered a big move, but preceding expectations made it look like it was a conservative move, rather than a radical one.This time... Continue Reading
 


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