record lows

In a major shift, the Federal Reserve will start updating the public four times a year on how long it plans to keep short-term interest rates at record lows, according to minutes from its December policy meeting.

Here is a recap of the top news items from this week on Wall Street: 1. European headlines continued to dominate US markets on this week's holiday-shortened session.

Stocks traded sharply lower Monday morning, partly on the heels of concerns related to the rejection of joint bank guarantees by a number of EU governments.

Italian yields were in focus yet again as prices of both two- and five-year bonds sunk to record lows. Fitch warned on France's AAA rating, saying the country cannot absorb many more shocks.

Interest rates on short-term Treasury bills rose in Monday's auction for a second straight week after hitting record lows.

WASHINGTON (AP) -- The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging

Home sales fell to new record lows in February -- and economists do not expect the market to bottom out until next year.

Having to sell a home in this environment is daunting, but our infographic will hopefully get you started.

South Korea's central bank kept its key interest rate on hold Thursday as consumer price inflation eased, underscoring expectations that further increases to borrowing costs from record lows will be gradual.

Americans showed far less appetite to buy new homes last month after the government ended a homebuyer tax credit.

Separately, the Fed held interest rates at record lows.

The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.

WASHINGTON a ' Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record lows.

The Bank of England is expected to hold interest rates at record lows and continue with its program to boost the money supply on Thursday despite growing signs of an economic recovery.