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Fed Discount Rate

Fed Raises Discount Rate:

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull ...

Bernanke Stimulus Testimony: Interest Rates Will Remain At Record Lows For An "Extended Period"

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Prepare for the end of record-low interest rates, Federal Reserve Chairman Ben Bernanke says. Just not yet. Higher rates on credit...