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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: federal funds rate

federal funds rate stories: 9 news summaries
MARKETS

 Dow Jumps 359 on Rate Cut 

Hopes that financials may soon be clear of bad debt also buoys sentiment

Dec 16, 08 3:23 PM CST
(Newser) - Stocks rallied today as investors cheered the Federal Reserve’s sharp federal funds rate cut and other policy measures designed to combat the economic crisis, the Wall Street Journal reports. The Dow rose 359.61 to close at 8,924.14. The Nasdaq climbed 81.55, closing at 1,589.... More »

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Ben Bernanke • Citigroup • Dow Jones • Nasdaq • interest rate • federal funds rate • S&P 500 • JPMorgan Chase • Genworth Financial

Banks Boost Interest Rates to Lure Deposits

'Price war' increases pressure on profit margins, loan funds

Nov 14, 08 11:03 AM CST
(Newser) - Banks are boosting interest rates on deposits in an effort to increase the supply of cash available for lending, resulting in what one consultant calls a "national price war," the Wall Street Journal reports. Many banks are pinched between the desire to build up deposits and the shrinking... More »

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Ben Bernanke • Citigroup • CDs • interest rate • certificates of deposit • federal funds rate • commercial banks

MARKETS

 Dow Rises 189 After GDP News 

Early news on shrinking GDP can't keep indices from rising

Oct 30, 08 3:29 PM CDT
(Newser) - The markets held ground after an early rally today, with investors shrugging off a smaller-than-expected fall in third-quarter US gross domestic product and remaining cautiously optimistic over yesterday’s Fed rate cut, MarketWatch reports. The Dow closed up 189.73 at 9,180.69. The Nasdaq rose 41.31 to... More »

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Dow Jones • Nasdaq • GDP • federal funds rate • S&P 500 • Libor

MARKETS

 Dow Down 74 After Volatile Day 

Late rally evaporates after Fed confirms cut, but most of Tuesday's gains are preserved

Oct 29, 08 3:19 PM CDT
(Newser) - Volatility ruled Wall Street today as investors waffled in their response to the expected Fed rate cut, MarketWatch reports. Though the session’s final hour saw the Dow rocket to a 250-point gain in light trading, that evaporated and the Dow closed down 74.16 at 8,990.96. The... More »

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Federal Reserve • Dow Jones • General Motors • Nasdaq • European Central Bank • Bank of Japan • Bank of England • federal funds rate • S&P 500 • financial crisis

 Fed Cuts Rate Half-Point to 1% 

1% is lowest mark since 2004 as Bernanke tries to combat slowdown

Oct 29, 08 1:29 PM CDT
(Newser) - The Federal Reserve surprised no one today, cutting interest rates by half a point, to 1%—as investors widely predicted he would, AP reports. “The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures,” the Fed said in a statement,... More »

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Ben Bernanke • Federal Reserve • federal funds rate • interest rate cut • financial crisis

MARKETS

 Poor Day Ends Horrible Week 

Dow off 312, but bears show some restraint

Oct 24, 08 3:23 PM CDT
(Newser) - US stocks declined today but stopped somewhat short of total free fall after global markets plunged close to 10%. With perhaps a buffer from news of a bump in existing US home sales, the Dow fell 312.30 to close at 8,378.95, MarketWatch reports. The Nasdaq dropped 51.... More »

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Federal Reserve • Dow Jones • Nasdaq • federal funds rate • S&P 500 • interest rate cut • oil futures • oil prices • financial crisis • stock futures

Economy

 Consumer Prices
 Surge Most Since '91 

Consumer prices up 1.1%; wholesale up 1.8%.

Jul 16, 08 9:35 AM CDT
(Newser) - Consumer prices rose a staggering 1.1% in June, Bloomberg reports. The figure far surpassed analyst estimates, and brings the year-over-year figure to 5%–the biggest surge since 1991. Core inflation, which excludes food and energy, rose a more-than-expected 0.3%. “Inflation has galloped,” one economist said. “... More »

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inflation • Ben Bernanke • Federal Reserve • economic indicators • core inflation • consumer prices • federal funds rate

 As Expected, 
 Fed Holds Steady 

Federal funds rate stays at 2% as bank ends 10-month run of cuts

Jun 25, 08 1:40 PM CDT
(AP) - The Federal Reserve decided today leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts aimed at keeping the country out of a deep recession. The federal funds rate will remain at 2%—the first time in 10 months the Fed has failed to... More »

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Ben Bernanke • Federal Reserve • interest rate • federal funds rate

Fed OKs Quarter-Point Cut

Federal funds figure drops for 3rd month

Dec 11, 07 1:30 PM CST
(Newser) - The Federal Reserve cut two key interest rates at this afternoon's meeting, lopping a quarter-point off both the federal funds rate and the discount rate. The federal funds rate now stands at 4.25%, which represents a drop of 100 basis points over the past 3 months, the Wall Street ... More »

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Federal Reserve • interest rate • discount rate • federal funds rate • interest rate cut

9 Stories


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