federal reserve

Can the Federal Government Save the Student Loan Market?

Mon, 01 Dec 2008 14:32:12 -0600

The Federal Reserve recently announced a $200 billion lending facility for private student loan lenders.

Bernanke: Lower interest rates 'feasible'

Mon, 01 Dec 2008 13:11:02 -0600

Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.

Fed boosts lending to financial sector

admin — Fri, 28 Nov 2008 17:13:38 -0600

The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.

The Fed boosted emergency loans to banks and firms

Fri, 28 Nov 2008 16:16:41 -0600

The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.

SKorea to make first use of US currency swap deal

Wed, 26 Nov 2008 21:14:01 -0600

The Bank of Korea said Thursday that local banks will have their first chance to utilize a currency swap deal with the U.S. Federal Reserve aimed at alleviating a dollar shortage caused by the global credit crunch.

The Caucus: Obama to Name Volcker as Head of Economic Panel

Wed, 26 Nov 2008 10:23:43 -0600

The president-elect is set to announce a new economic advisory committee, which will be steered by the former chairman of the Federal Reserve.

Fed, in shift, floods system with cash

admin — Tue, 25 Nov 2008 19:09:03 -0600

The latest move to inject another $800 billion of federal money into the financial system is part of a major, unannounced shift in Federal Reserve policy.

2 Fed Programs Aimed at Easing Tight Credit

Tue, 25 Nov 2008 08:07:24 -0600

The Federal Reserve said it will purchase up to $100 billion in direct obligations from the mortgage finance giants and another $500 billion in mortgage-backed securities.

Fed says it will buy mortgage-related assets

Tue, 25 Nov 2008 07:29:58 -0600

The Federal Reserve said Tuesday it will buy up to $600 billion in mortgage-backed assets in another attempt to deal with the financial crisis.

Fed's role in crisis is giant, if opaque

admin — Mon, 24 Nov 2008 05:35:48 -0600