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 […]

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