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The Fed lowered the interest rate Tuesday, from 1 percent to between zero and 0.25 percent. ...more
December 18, 2008
Confronted by problems at every turn - rising unemployment, shaky growth, credit troubles and creeping inflation - the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all. ...more
August 6, 2008
Straddling risky economic crosscurrents, the Federal Reserve is expected to stand still this week on interest rates. ...more
June 24, 2008
The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting interest rates ever deeper in an effort to avert or at least soften the blow of a recession. ...more
January 31, 2008
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
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 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
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