Jump to navigation
December 22, 2008
Fed Funds Target Nudges Zero
How low can it go? Not much further, now that the Fed has set its rate target at zero to 0.25 percent.
08:24:00 -
December 15, 2008
Fed Proposes Reg. Z Changes
The proposed changes implement recent legislation.
08:48:00 -
December 01, 2008
Fed, Treasury Unveil Two More Programs
In coordinated actions, the Treasury and Federal Reserve Board have created two new lending facilities to deal with the continuing economic crisis.
08:25:00 -
November 24, 2008
Fed Sees Dire Economic Conditions Ahead
The Fed dramatically lowered its projections for economic activity and said further cuts from the 1.0 percent federal funds rate could be in the offing.
08:31:00 -
Fed, Treasury Adopt Internet Gambling Rule
Financial institutions must adopt means to detect Internet gambling payments.
08:30:00 -
November 10, 2008
Fed Adjusts Rates for Interest on Reserves
The Federal Reserve Board on Nov. 5 announced that it would alter the formulas used to determine the interest rates paid to depository institutions on required reserve balances and excess reserve balances.
10:06:53 -
October 27, 2008
Interest on Reserves: Rate Change Announced
Not long after the program began, the Fed cut the rate it pays on excess reserve balances.
08:20:00 -
October 13, 2008
Fed Implements Interest on Reserves
Banks have long sought interest on reserves. It took a terrible crisis to get it.
09:32:11 -
September 29, 2008
Agencies Respond to Crisis with Spate of Activity
As the Congress labored over its financial rescue bill, the financial regulatory agencies maintained the frantic pace of their own response to the current crisis. If nothing else, the current crisis is disproving the notion that bureaucrats cannot act quickly.
10:36:14 -
September 22, 2008
FOMC Stays the Course
Despite continuing market crisis, the FOMC continues to resist inflation.
08:56:00 -
August 11, 2008
FOMC Caught in a Bad Spot
The FOMC could have justified raising rates to head off inflation or lowering them to strengthen an anemic economy. In fact, it held rates steady.
09:02:00 -
July 13, 2008
Fed Will Continue Emergency Lending
Fed Chairman Ben Bernanke said the central bank would keep its emergency lending facility open if turbulent market conditions warrant.
08:07:00 -
July 07, 2008
Duke Confirmed as Fed Governor
After a long wait, the Senate approves Elizabeth Duke to be on the Federal Reserve Board.
08:29:00 -
June 30, 2008
No Rate Change — Yet
Inflation and recession vie for the Fed's attention.
08:45:00 -
June 09, 2008
Bernanke Sounds Inflation Alarms
Fed Chairman Ben Bernanke has a message he wants to deliver to financial institutions — don’t expect any more rate cuts anytime soon. Inflation pressures are too strong.
08:05:00 -
May 26, 2008
FOMC Issues Bleak Projections
The Fed’s rate-setting FOMC revised its projections for economic growth dramatically downward and its inflation projections upward — not good news.
08:22:00 -
Fed Sees Lower Growth, Higher Inflation Ahead
FOMC participants expected a much weaker economic growth in 2008.
08:21:00 -
May 19, 2008
Bernanke Cites Risk Management Lessons
The turmoil in the financial markets taught Ben Bernanke a few things about risk management, he says. He thinks these lessons would also benefit a wide array of financial institutions.
08:16:00 -
May 12, 2008
Fed To Seek Interest on Reserves
The Fed will shortly ask Congress for the authority to pay interest on reserves.
09:53:37 -
ABA Pans Credit Card Proposal
“The Federal Reserve’s proposal is an unprecedented regulatory intrusion into marketplace pricing and product offerings,” ABA said.
09:52:46 -
Fed, FTC Propose Credit Pricing Disclosures
The agencies’ rule implements part of the FACT Act.
09:52:03 -
May 05, 2008
Fed Cuts Rates — One Last Time?
The Federal Reserve cut the federal funds rate by 25 basis points to 2.0 percent but signaled that further cuts are unlikely because of rising inflationary pressures.
09:39:41 -
April 14, 2008
Trade Associations Praise, Condemn TIL Proposal
The Federal Reserve Board’s proposed regulation dealing with deceptive mortgage practices is a good idea that could use some improvement, the banking industry says.
08:30:00 -
March 24, 2008
Tough Times: Inflation, Recession Test the Fed
Should the Fed do more to offset the economic downturn? Can it do anything without igniting inflation?
08:36:00 -
March 17, 2008
Fed, Administration React to Crisis
The deepening financial crisis has forced the Fed to take radical monetary-policy steps and the Administration to embrace new regulations.
11:38:31 -
