WASHINGTON, Dec. 15 (UPI) -- Economists predict the U.S. Federal Reserve Open Market Committee may cut interest rates to historic lows after a two-day meeting beginning Monday.
WASHINGTON, Oct. 6 (UPI) -- The U.S. Federal Reserve Bank said Monday it would begin paying interest on depository institutions' minimum balances to help maintain key lending rates.
ARLINGTON, Va., July 8 (UPI) -- U.S. Federal Reserve Bank Chairman Ben Bernanke said Tuesday the Fed may extend two temporary lending programs for investment banks.
WASHINGTON, April 30 (UPI) -- The U.S. Federal Reserve cut the rate banks used to loan each other money by 25 basis points to 2 percent, a bank release announced Wednesday.
WASHINGTON, Dec. 19 (UPI) -- U.S. Treasury notes were mixed Wednesday after the U.S. Federal Reserve said it lent $20 billion to banks to make sure they can keep lending to customers.
CHARLOTTE, N.C., Sept. 18 (UPI) -- Bank of America Corp., Wachovia Corp. Wells Fargo & Co. and other major U.S. banks cut their prime rates Tuesday to 7.75 percent from 8.25 percent.
NEW YORK, Aug. 22 (UPI) -- Four large U.S. banks said Wednesday they each borrowed $500 million from the Federal Reserve's "discount window," adding liquidity to the credit markets.
WASHINGTON, Jan. 5 (UPI) -- The U.S. Federal Reserve Board said Wednesday U.S. banks' lending exposure to foreign borrowers rose by $7.65 billion in the third quarter.
WASHINGTON, Oct. 1 (UPI) -- The U.S. Federal Reserve said Friday the lending exposure of banks to foreign borrowers rose to $786 billion in June from $782.02 billion in March.
WASHINGTON, Sept. 21 (UPI) -- The U.S. Federal Reserve raised the discount rate a quarter point Tuesday along with the overnight federal funds interest rate.
