Federal Funds Rate

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… and financial crises have been resolved. So far, interest rates have remained low as the Federal Reserve has kept the federal funds rate , a key short-term interest rate at a record low near zero in an effort to jump-start the economy. The concern, however …

Blogs|08/13/2009

Meltdown 101: How do banks make (or lose) money?

By MARCY GORDON| AP| Business

… money from the bank. Your bank may be charging you, say, an annual rate of 7 percent on a car loan while it borrows at the fed funds rate _ what banks charge each other for overnight loans _ of 0.25 percent. (That's down from 2.25 percent a year ago …

Story|04/10/2009

ECB's Trichet: Main interest rate could go lower

By GEORGE FREY| AP| Business

… and the Bank of England have taken their benchmark interest rates just about as low as they will go _ in the U.S, the Fed funds rate is down in a range between zero and 0.25 percent while in Britain the key rate has fallen to 0.5 percent _ and have embarked …

Story|04/02/2009

Leading indicators drop less than expected in Feb.

By TALI ARBEL| AP| Business

… was the "interest rate spread," or the difference between the interest rates for 10-year Treasurys and the benchmark federal funds rate _ which the Federal Reserve now has between zero and 0.25 percent. The Fed on Wednesday kept that key rate at a record …

Story|03/19/2009

Stocks jump after Fed says it will buy Treasurys

By TIM PARADIS and MADLEN READ| AP| Business

… essentially adding more money to the financial system. The Fed is using this tool now since its other main policy lever, the federal funds rate , has already been ratcheted down as low as it can go. Bank stocks _ including Citigroup Inc., Bank of America Corp …

Story|03/18/2009

Greenspan: Fed Not to Blame for Recession

FOXNews.com| Politics

… argues that a "far more credible explanation" is that it was the rate on long-term fixed-rate mortgages, not the federal - funds rate , which affects short-term borrowing. Greenspan has been a prominent target as lawmakers and economist pinpoint blame …

Story|03/10/2009

Functional markets alone can't revive the economy

By MADLEN READ| AP| Business

… between the three-month Treasury bill yield and the fed funds rate turned positive last week for the first time since ..... sign panic has eased. After Lehman went bankrupt, fed funds rate was nearly three percentage points above the three …

Story|02/10/2009

Investors starting to snap up to riskier bonds

By STEPHEN BERNARD| AP| Business

… on corporate bond issues," Garman said. The Federal Reserve's interest rate policy, which has sent the benchmark federal funds rate to almost zero percent, is also likely to boost demand for junk bonds because of the higher yields on speculative-grade …

Story|02/06/2009

Recession keeps lid on employment costs in 2008

By MARTIN CRUTSINGER| AP| Business

… effort to jump-start the economy. After a two-day meeting, the Fed announced on Wednesday that it was keeping its federal funds rate at a record low near zero, where it has been since December. Fed officials said they anticipated keeping rates low …

Story|01/30/2009

Today in History - Jan. 30

World

… friend John McCain. The Federal Reserve cut a key interest rate for the second time in just over a week, reducing the federal funds rate by a half point to 3 percent. Today's Birthdays: Actress Dorothy Malone is 84. Producer-director Harold Prince is …

Story|01/30/2009