Articles Tagged 'federal reserve'
Fed cuts interest rates to zero percent amid coronavirus fallout
The Federal Reserve on Sunday slashed interest rates to zero percent and announced it would purchase $700 billion in bonds and securities to stabilize financial… READ MORE
Trump picks Herman Cain for Federal Reserve spot
President Trump announced Thursday that he was nominating former Godfather’s Pizza president Herman Cain to an open seat on the Federal Reserve.
“I have recommended… READ MORE
Fed holds interest rates steady and indicates no more hikes are coming this year
Federal Reserve officials announced Wednesday that they had held their interest rate target steady following a two-day meeting in Washington and indicated that they wouldn’t… READ MORE
Trump to pick Jerome Powell as Federal Reserve chairman
President Trump reportedly will nominate Federal Reserve governor Jerome Powell to be the next chairman of the Federal Reserve, opting for stability and continuity at… READ MORE
Powell likely next Fed chief, though Yellen best suited: economists
Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll – but most of … READ MORE
Your Tax Dollars At Work: Frats Like Beer, Girls Like Dolls, Sharks = Scary!
Federal grants awarded by the National Institutes of Health (NIH) bankrolled studies to discover that fraternity brothers like to drink, that “Jaws” is a scary… READ MORE
‘Audit the Fed’ bill gets new push under Trump
Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen.… READ MORE
Fed to raise rates as Trump economy looms
Washington – There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only… READ MORE
Fed keeps rates unchanged ahead of election
The Federal Reserve is opting not to raise interest rates less than a week before the presidential election.
The central bank’s policy committee announced Wednesday… READ MORE
Stocks Post Biggest Fall Since Brexit Over Rate Fears
Stocks and bonds tumbled Friday, with the Dow industrials and S&P 500 posting their biggest percentage losses since the Brexit selloff.
Fresh signs that central… READ MORE