Published on November 24, 2010 by Technology Slice
US Fed Lowers Economic Outlook – The US economy will grow only 2.4 per cent to 2.5 per cent this year, Fed officials said overnight in an updated forecast. That’s down sharply from a previous projection of three per cent to 3.5 per cent. Next year, the economy will expand by three per cent to [...]
Tags: Bank Presidents, Board Of Governors, Current Unemployment Rate, Economic Outlook, economy, Eight Months, Fed Officials, interest rates, Nov 2, Regional Bank, S Board, Stimulus, Tick, Treasury Bonds
Posted in Money
Published on February 19, 2010 by Technology Slice
Fed Discount Rate – The U.S. Federal Reserve Thursday raised the rate it charges banks for emergency loans by a quarter percentage point, but emphasized that the step didn’t represent a broader tightening of credit. In a widely expected move, the U.S. central bank said the increase in the discount rate to 75 basis points [...]
Tags: Basis Points, Closure, Commercial Banks, Emergency Funds, Emergency Loans, Fed Discount Rate, Fed Funds Rate, Fed Officials, Federal Reserve, Financial Crisis, Financial Markets, Gap, Normalization, Overnight Loans, Percentage Point, Point Gap, S Central, Targets
Posted in Money
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