federal reserve

When Fed rate hits zero, what's next?

admin — Tue, 02 Dec 2008 11:18:19 -0600

If the Federal Reserve lowers its interest rate to zero -- and there have been indications that might happen -- it can't go any lower. So, what's left? Buying Treasury notes and bonds, maybe. Nancy Marshall Genzer.

Bernanke: Economic weakness to continue

admin — Mon, 01 Dec 2008 12:59:48 -0600

Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will continue for some time, even if the government's efforts to boost lending help restore the credit markets to normal.

Rescue now targets loans, mortgages

admin — Tue, 25 Nov 2008 14:52:04 -0600

In the latest installment of the bailout, the Federal Reserve plans to target consumer loans and mortgage-related debt with an $800 billion infusion. It's an effort to get money flowing again in the secondary market that invests in those loans.

New program to boost lending on tap - reports

admin — Tue, 25 Nov 2008 04:01:09 -0600

The Treasury Department and Federal Reserve are due to unveil Tuesday a new program aimed at increasing the availability of consumer loans, according to published reports.

Steps you take now can ease pain later if you lose your job

admin — Mon, 24 Nov 2008 23:07:16 -0600

Are you worried about your job? You probably should be. The Federal Reserve Board expects the economic downturn to last through 2009. Some economists believe unemployment could hit 9% before the economy improves. If you're feeling insecure about your job, there are steps you can take now that will make a layoff less painful.

Fed to hold a 2-day Dec. meeting

admin — Thu, 20 Nov 2008 13:54:36 -0600

The Federal Reserve says it will hold a two-day meeting in December to weigh it's next move on interest rates and to make a fresh assessment of the economy.

Lending market in slight expansion

admin — Thu, 20 Nov 2008 10:06:20 -0600

A key market for business lending has expanded for the fourth straight week, but the growth was only incremental, according to Federal Reserve data released Thursday

Factory production rises in October

admin — Mon, 17 Nov 2008 08:59:16 -0600

Industrial production grew in October, after September produced the worst dropoff in factory output in 62 years, according to a report released Monday by the Federal Reserve.

Fed lends less to banks

admin — Thu, 13 Nov 2008 16:32:44 -0600

Financial institutions borrowed a bit less from the Federal Reserve for the second-straight week, according to a report released Thursday.

Key lending market flattens out

admin — Thu, 13 Nov 2008 11:25:31 -0600

A key market for business lending expanded only slightly last week, despite a massive Federal Reserve lending effort.