Articles About Fed
- Author:
- Michael Alter
- Posted:
- 11.07.2008
Fed Chairman Bernanke Takes Steps to Restart the Economy
Ben Bernanke has spoken. The Fed chairman and the Federal Reserve moved recently to stimulate the economy when the policy-making committee cut the federal funds rate – the rate at which banks lend to each other – to just one percent. This represents a half percentage point cut from the previous 1.5 percent rate. By […]