MoneyRates Blog
Bernanke and the Stock Market
February 24, 2009
By Clark Schultz | Money-Rates Columnist
By Clark Schultz | Money-Rates Columnist
Federal Reserve Chairman Ben Bernanke testifies before Congress this week on the state of the economy. While much of his testimony will be a dry recitation of economic statistics and forecasts, Wall Street has criticized Bernanke for his negative outlook and is hoping he will put a positive spin on the nation’s economy. With the [...]
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The Fed Goes to the Mat
December 16, 2008
By MoneyRates team | Money-Rates Columnist
By MoneyRates team | Money-Rates Columnist
The Federal Reserve delivered another strong shot of adrenaline to the sagging U.S. economy by reducing the federal funds rate to an all-time low of 0.25%. The benchmark rate used by banks for lending is likely to stay low for quite a while according to the language in the released statement from the policy-making committee. [...]
Posted in Wachovia Bank| economic outlook| economics| fed funds rate| federal reserve| unemployment | 0 Comments
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