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Latest from The Spokesman-Review
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Fed holds rates at record low to aid recovery
January 27, 2010 in Business The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an “extended period” to nurture the economic recovery and lower …
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Fed is expected to leave rates at record low
December 15, 2009 in Business The Federal Reserve is expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his colleagues will hint about when …
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Interest rates held steady
November 5, 2009 in Business on Page A12 WASHINGTON – The Federal Reserve said Wednesday it was holding short-term interest rates at near zero and would probably make no change for the foreseeable future, despite a turnaround in …
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Fed more hopeful on economy
August 12, 2009 in Nation/World The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending.
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Fed says recession easing, inflation not a threat
June 24, 2009 in Business, Nation/World The Federal Reserve signaled Wednesday that the weak economy likely will keep prices in check despite growing concerns that the trillions it’s pumping into the financial system will ignite inflation.
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Danger of worsening recession drove Fed action
April 8, 2009 in Business Faced with the danger of a worsening recession, Federal Reserve policymakers at their March meeting took the bold step of plowing $1.2 trillion into the economy to drive down interest … 1
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Fed ready to do more
January 29, 2009 in City on Page A8 WASHINGTON – The Federal Reserve signaled Wednesday that it stands ready to use new unconventional tools, or expand existing ones, to spur lending and consumer spending that could help lift …
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Fed drops benchmark rate to near zero
December 17, 2008 in Business on Page A10 WASHINGTON – The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as zero Tuesday, a surprisingly strong step that …

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