Fed Funds Rate

Those Wall Street Bonuses Come at a High Price

David Paul | Posted 05.25.2011

Read More: Vikram Pandit, Lloyd Blankfein, Bernanke, Fed Funds Rate, Henry Paulson, Federal Reserve, Tarp, Wall Street Bonuses, Politics News
David Paul

The Federal Reserve policy of keeping its target rate near zero is intended to allow banks to recapitalize, but it has the effect of taking money from the elderly and others living off their savings, and transferring that money to the banks.

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Fed Interest Rates Held Flat, To Remain Ultra Low For An "Extended Period"

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Federal Reserve, Fed Funds Rate, Fed Interest Rate, Ben Bernanke, Recession, Economic Recovery, Business News

WASHINGTON — The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain th...

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Fed Gaining Complete Control Over Money Supply

Michael Pento | Posted 05.25.2011

Read More: Nationalization of Banks, Central Bank, Federal Reserve, Banks, Treasury, Ben Bernanke, Socialism Barack Obama, Fed Funds Rate, Federal Reserve Act of 1913, Fractional Reserve System, Federal Open Market Committee, House Financial Services Committee, Citigroup, Business News
Michael Pento

We may now be abdicating complete control of our money supply to the government.

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Fed reduces benchmark rate to as low as zero

AP | Posted 05.25.2011

Read More: Deflation, Inflation, Finance, Economy, Federal Funds Rate, Fed Funds Rate, Financial Crisis, Federal Reserve, Banks, Ben Bernanke, Recession, Business News

WASHINGTON — The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as z...

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Why The Rate Cut Was Important To Main Street

Vince Farrell | Posted 05.25.2011

Read More: Federal Reserve, Personal Finance, Fed Funds Rate, Rate Cut, Economy, Business News
Vince Farrell

The Federal Reserve lowered the Fed Funds rate on Wednesday to 1%. The move was widely expected but it's still important for a few reasons.

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White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 05.25.2011

Read More: Interest Rates, Interest Rate Cut, Prime Interest Rate, Stock Market, Nancy Pelosi, Fed Funds Rate, Federal Funds Rate, Mortgage Rates, Global Markets, Henry Paulson, Ben Bernanke, Bush and Economic Stimulus, Congress Economic Plan, Stanford Financial, Business News

WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...

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