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Fed Funds Rate

The Fed Moves the Goal Line

Michael Farr | Posted 05.20.2014 | Business
Michael Farr

I believe that the Fed has overreached in its monetary policy not just in response to the latest crisis, but pretty consistently over the 15-20 years. In an effort to lessen the effects of (inevitable) economic downturns, the Fed (and other central banks) has caused extreme financial distortions and dislocations.

Tantrum Time at the Fed?

Michael Farr | Posted 07.31.2012 | Business
Michael Farr

The Great Recession was thwarted, but not conquered, by gobs and gobs of cash supplied by our Central Bank and others. It may be that all of the intervention will make a positive difference. If it doesn't, it will prove to have been an expensive error.

Come on Baby, Let's Do the Twist

Michael Farr | Posted 06.21.2012 | Business
Michael Farr

The Fed has become somewhat impotent and should pass the buck to Congress. If only Congress would answer the phone.

Those Wall Street Bonuses Come at a High Price

David Paul | Posted 05.25.2011 | Politics
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.

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

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

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

Fed Gaining Complete Control Over Money Supply

Michael Pento | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | Business

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