Federal Funds Rate
Latest Federal Funds Rate News
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Text of the Federal Reserve's Statement Wednesday
the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment
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Today in History
celebrations by islanders. Five years ago: The Federal Reserve cut interest rates for a seventh straight time, reducing the federal funds rate a quarter-point to 2 percent. An avalanche in Italy's northwestern Alps killed five French ski-mountaineers. One
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Home Prices Rise, Spurred By Low Interest Ratesfinally purchase after the housing bubble burst five years ago. Earlier this month the nation's central bank announced the federal funds rate , the rate at which banks borrow from each other, would remain near zero at least through mid-2015 due to the struggling
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Bank of America's Cost-Cutting Plans a Reflection of Banking Industry's Woesexpense control." Polini said the environment of low-interest rates (the Federal Reserve has committed to keeping the federal funds rate near zero at least until 2015), has negatively affected banking profitability. Regulatory issues have also affected
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Federal Reserve Expects to Keep Interest Rates Low Through Mid-2015securities it announced in June through the end of the year. In its statement, the Federal Reserve said it would keep the federal funds rate at zero to 1/4 percent at least through mid-2015. The U.S. financial markets spiked after the statement was released
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Bernanke Says Fed May Boost Economymade clear the central bank would be open to additional action in the future. With interest rates, in particular the federal funds rate , near zero, many critics of the Federal Reserve say there is little it can do to further stimulate the economy. "The
News
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Sorry, savers: Interest rates set record lows
says Mary Fletcher of Cumming, Ga. The Federal Reserve pushed its key fed funds rate to zero from 3.5% in 2008. Most savings rates track the fed funds rate . Money funds yield an average 0.03%. The highest-yielding one-year bank
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Fed extends Operation Twist to lower long-term rates
this month; the Fed said Wednesday that it will continue through the end of the year. The Fed also decided to keep the federal funds rate , its key short-term interest rate paid by banks, near zero until at least late 2014. In his press conference after
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Full text of Fed's Open Market Committee statement
Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. The Committee also decided
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Federal Reserve Chair Ben Bernanke Says Monetary Policy Is Not a 'Panacea'Bernanke said during his testimony. The target range for the federal funds rate remains at 0 to 1/4 percent, and the FOMC still anticipates are likely to warrant "exceptionally low levels of the federal funds rate " at least through late 2014, he said in his speech
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Fed Expects 7.8 to 8 Percent Unemployment at Year's EndThe Federal Reserve now expects a slightly lower unemployment rate at the end of the year than it did in its previous prediction. In its updated outlook released on Wednesday, the Fed is estimating that unemployment, now at a three-year low of 8.2 percent,...
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Feds Announce $25B Foreclosure Abuse DealOpen Market Committee announced it expects to keep federal funds rate at zero to 1/4 percent at least through 2014, saying the housing sector remained depressed. The federal funds rate is the rate at which banks lend to each other overnight
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More Than 40 States Agree on $25B Foreclosure 'Robo-Signing' Deal
Open Market Committee announced it expects to keep federal funds rate at zero to 1/4 percent at least through 2014, saying the housing sector remained depressed. The federal funds rate is the rate at which banks lend to each other overnight
Videos
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ABC News UpdateIncluding 44 Americans. And as expected the Federal Reserve has voted to hold interest rates at historically low levels. The Fed Funds rate which is what banks pay for overnight loans will remain at a 02 quarter percent. Federal Reserve suggested the debt crisis
Reserve has voted to hold interest rates at historically low levels. The Fed Funds rate which is what banks pay for overnight loans will remain at a 02 quarter percent. Federal Reserve suggested the debt crisis in -
No Hike for Interest Ratelevel as the previous meeting. The Fed Funds rate what banks pay for overnight loans home equity loans are affected by the Fed Funds rate . Other big ticket credit facilities to move in the same direction as the Fed Funds rate . We might see some moderation in the
federal interest rate. At the same level as the previous meeting. The Fed Funds rate what banks pay for overnight loans remains at five point 25%. -- it's been since June 30. Before today's decision the --vehicles like credit cards and home equity loans are affected by the Fed Funds rate . Other big ticket credit facilities like mortgage rates and student loans will not be directly affected by today's decision. But ten to move in the same direction as the Fed Funds rate . We might see some moderation in the coming months. With this money minute I'm Stephanie -- ABC news New York. -
Has the Housing Market Hit Rock Bottom?year and we're only going to see these rates really increase once we see. Employment improving and even once we see the federal funds rate start increasing and that's unlikely to happen. And kind of forced spring it's all right great information is always
increase once we see. Employment improving and even once we see the federal funds rate start increasing and that's unlikely to happen. And kind of forced spring it's all right great information is always Anna Maria thank -
Could Interest-Rate Cuts Help You?we'll see a rate cut today and most people are expecting that. I think we'll see a quarter point which will take the Fed Funds rate . Down to four and a half percent. Which will will be down 1% this year. An interest rates which is good news for anyone
that. I think we'll see a quarter point which will take the Fed Funds rate . Down to four and a half percent. Which will -- will be down 1% this year. An interest rates which is good -
Federal Interest Rates Unchangedwith the Federal Reserve's open market committee decided to keep a key federal interest rate unchanged on Thursday. The Fed Funds rate what banks pay for overnight loans will stay at five point 25%. That's exactly where it's been since June of last year
decided to keep a key federal interest rate unchanged on Thursday. The Fed Funds rate what banks pay for overnight loans will stay at five point 25%. That's exactly where it's been since June of last year. -
Behind the Fed's Discount Rate Cutimmediate stock shot up the Dow Jones Industrial Average surging by 300 points as trading began. But the Fed did not change that Fed Funds rate which is currently five and a quarter percent many analysts and economists have called on the Fed to lower this rate. For
300 points as trading began. But the Fed did not change that Fed Funds rate which is currently five and a quarter percent many analysts and economists have called on the Fed to lower this rate. For -
Averting an Economic Crisisinterest rates are always good for consumers. And it means a few things there's an indirect relationship between. A lower Fed Funds rate and your mortgage to your mortgage is set to readjust this year readjust and a slightly lower rate. It also means lower
it means a few things there's an indirect relationship between. A lower Fed Funds rate and your mortgage to your mortgage is set to readjust this year -- -- readjust and a slightly lower rate. It also
