Fed Funds Rate

Fed Gaining Complete Control Over Money Supply

Michael Pento | Posted 04.10.2009 | Business


Michael Pento

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

Fed reduces benchmark rate to as low as zero

AP | Posted 01.16.2009 | Business


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

Why The Rate Cut Was Important To Main Street

Vince Farrell | Posted 11.30.2008 | Business


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.

White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 03.28.2008 | Business


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