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, March 18 (UPI) -- The U.S. Federal Reserve cut the federal funds rate to 2 1/4 percent Tuesday in a bid to bolster confidence on Wall Street.
NEW YORK, Oct. 30 (UPI) -- U.S. stock indexes closed down Tuesday on declining consumer confidence and fears the U.S. Federal Reserve won't cut interest rates to boost the economy.
NEW YORK, Aug. 17 (UPI) -- U.S. stocks surged Friday after the Federal Reserve stepped in with a possible move toward a cut in its key federal funds rate.
WASHINGTON, Aug. 17 (UPI) -- The Federal Reserve announced Friday it had approved a one-half percentage point cut in its discount rate on loans to banks.
NEW YORK, Aug. 10 (UPI) -- The Federal Reserve, highlighting deepening credit market concerns, said Friday it was “providing liquidity to facilitate the orderly functioning of financial markets.”
WASHINGTON, Oct. 2 (UPI) -- The Fed announced Tuesday afternoon it lowered the federal funds target rate by a half-percent, or 50 basis points, bringing the key U.S. lending rate to its lo
