Articles Tagged 'federal reserve'

Fed cuts interest rates to zero percent amid coronavirus fallout

by SYLVAN LANE - The Hill
March 16, 2020
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

by Sean Higgins
April 5, 2019
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

by Joseph Lawler
March 20, 2019
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

by joe lawler
October 31, 2017
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

by Reuters Staff
October 26, 2017
Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll – but most of …

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

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