Individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy. ...more

January 30, 2008

The bill for America's excessive borrowing during the housing boom has arrived, and more people are having trouble paying it. ...more

January 17, 2008

Federal Reserve policymakers are expected to slice a key interest rate for a third time this year in an effort to prevent troubles in the housing and credit markets from sinking the nation's economy. ...more

December 11, 2007

The global money markets are seizing dominion over our economic destiny. The scant control the monetary authorities still have of borrowing costs is slipping away. And the misplaced trust in central bankers as the architects and guardians of financial stability is fading faster than the AAA rating on a collateralized debt obligation. ...more

December 8, 2007

More banks have tightened lending standards on home mortgages, the Federal Reserve said Monday in the latest sign of fallout from a spreading credit crisis. ...more

November 6, 2007

The Federal Reserve sliced an important interest rate Wednesday - its second reduction in the last six weeks - to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months. ...more

November 1, 2007

The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they will deal with the crisis, although another interest rate cut could come this week. ...more

October 30, 2007

In a bold strike, the Federal Reserve slashed a key interest rate by a half point Tuesday - the first cut in more than four years - and left the door open to further relief to prevent a painful housing slump and jarring credit crunch from driving the country into recession. ...more

September 18, 2007

For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit crunch from driving the economy into a recession. ...more

September 17, 2007

It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. ...more

September 4, 2007