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Fed Cuts Interest Rates: Does It Matter?
The Fed has targeted 0.00-0.25% in the fed funds rate, and mortgage rates are currently moderate as well. But does it really matter? Financial institutions have been taking out advertisements that they are willing and ready to lend. The catch? They will only lend to “qualified ...
FT.com / US / Economy & Fed - Fed slashes rates to near zero
ft.com — The Federal Reserve moved deeper into uncharted waters on Tuesday, heralding further unconventional measures to support the... economy as it slashed interest rates from 1 per cent to virtually zero. In a historic statement , the US central bank said it ... (more) FT.com / US / Economy & Fed - Fed slashes rates to ...
Fed Cuts Benchmark Rate to Near Zero
nytimes.com — Having reduced its key rate to a record low, the Fed said that it would use “all... available tools” to fight the recession and downward pressure on prices. > (more) Fed Cuts Benchmark Rate to Near Zero
Fed to press rates toward zero - Yahoo! News
news.yahoo.com — WASHINGTON (Reuters) The U.S. Federal Reserve is expected to drop interest rates close to zero on Tuesday,... but anticipated remarks on unconventional methods to dispel a year-old recession are what will really matter. Economists forecast a clear ... (more) Fed to press rates toward zero - Yahoo! News
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