Federal Reserve

Fed Rate Cut: Another 1/2 Point

Iria — Wed, 29 Oct 2008 16:01:04 -0500

Hoping to combat the ongoing financial crisis and what looks to most (though some still deny it) a recession, the Federal Reserve announced another rate cut, this one of 1/2 point. This fed rate cut brings the federal funds rate, the interest banks charge on overnight loans, to 1%, a rate last seen in 2003-2004.

Led by the Federal Reserve, Central Banks Cut Interest Rates Worldwide

Iria — Wed, 08 Oct 2008 08:58:53 -0500

As markets worldwide continue to plummet, the Federal Reserve, along with six other major central banks from around the world slashed interest rates simultaneously Wednesday.

Dow Jones Drops Another 500 Points

Iria — Tue, 07 Oct 2008 17:29:07 -0500

Despite attempts to staunch the blood flow, the Dow Jones Industrial Average (DJIA) and all other stock market indices continue to bleed heavily, as the market closed down another 500 points on Tuesday.

The Federal Reserve’s Fire Sale: Selling America Short

admin_huliq — Wed, 25 Jun 2008 15:36:43 -0500

For some time now the Federal Reserve has been devaluing the currency and practically giving away American dollars through incredibly cheap money policy. We have just emerged from an era of one interest rate cut after another. The mortgage loan crisis, and the failure of Bear Sterns, made the Fed an interest rate cutting machine of fate that drove the value of our dollar ever lower and the price of oil into the stratosphere.

Fed Eases Rates, Then Confuses

admin_huliq — Wed, 30 Apr 2008 21:43:24 -0500

The Fed lowered the fed funds target to 2%, then issued a policy statement that may as well have been written in Urdu for all of its clarity.

Fed Rate Cut Leaves Interest Rates At 2%

admin_huliq — Wed, 30 Apr 2008 15:11:24 -0500

The Federal Reserve cut interest rates by a quarter point this afternoon in yet another (7th to be exact) attempt at saving an economy in free fall. The rate now stands at 2% less than half of what it was in September.

Fed Expected To Make Interest Rate Cut

admin_huliq — Wed, 30 Apr 2008 09:20:42 -0500

Today the Federal Reserve Board of the United States is concluding two-day meeting in Washington, which is likely to result in another interest rate cut to bolster the U.S. Economy.

Fed Throws Another $50 Billion In Short Term Loans

admin_huliq — Wed, 23 Apr 2008 09:00:16 -0500

The Federal Reserve is at it again, pumping another $50 billion in short-term loans in to the financial system to prevent a freeze up. That brings the total to a cool $360 billion since the auctions started in December. 83 bidders were represented looking for a slice of the loans which were granted at 2.87% interest.

Federal Reserve Cuts Rates By 0.5 Percent

admin_huliq — Wed, 30 Jan 2008 13:56:08 -0600

Fed Rate Cut By 0.5 Percent: Federal Reserve Announcement Lowers Interest Rate to 3.0 percent hoping to remedy the U.S. Economy, which according to some analyst may already be in full recession.

Fed Rate Cut: Federal Reserve Surprises Markets with .75 Cut

admin_huliq — Tue, 22 Jan 2008 09:02:56 -0600

Fed rate cut of .75 percent sunned the markets this morning. The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3-1/2 percent.

University of Hawaii students participate in Federal Reserve Bank Symposium

admin_huliq — Fri, 23 Nov 2007 23:52:44 -0600

If university student participants at a recent Federal Reserve Bank of San Francisco(SF FRB) Symposium have their way, the Federal Open Market Committee (FOMC) will keep the federal funds target rate at 4.5 percent. This result came from a 6-1 vote by student groups from the University of Hawaii at Hilo, University of Hawai`i at Manoa, and Hawaii Pacific University (HPU), representing seven members of the current FOMC.

Fed Rate Cut By 0.5 pt

erku — Tue, 18 Sep 2007 15:21:01 -0500

Fed Meeting: The result - Federal Reserve Meeting Lowers Interest Rate to 4.75 pct.