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Cutting Interest Rates

Bernanke Doesn't See Return of '70s Woes

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn't "anywhere near" the dangerous stagflation situat...

Fed Says Economic Outlook Is "Unusually Uncertain"

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

Worsening problems in the housing, credit and financial markets drove the Federal Reserve to do an about-face in December and slice its key interest r...