WASHINGTON, Dec. 16 (UPI) -- The U.S. Federal Reserve Tuesday cut the federal fund rate from 1 percent to a range between zero percent and 0.25 percent, the lowest in its history.
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 17 (UPI) -- The U.S. Federal Reserve cut the primary credit rate from 3 1/2 percent to 3 1/4 percent on Sunday to provide some breathing room for troubled banks.
NEW YORK, Feb. 1 (UPI) -- Recent Federal Reserve interest rate cuts are more about saving banks than saving the average U.S. citizen, a New York business analyst says.
WASHINGTON, Dec. 12 (UPI) -- The U.S. Federal Reserve and four other central banks Wednesday announced coordinated measures to inject money into global markets to improve their economies.
WASHINGTON, Sept. 18 (UPI) -- The U.S. Federal Reserve Tuesday cut the federal-funds rate a half-point to 4.75 percent and the discount rate a half-point to 5.25 percent.
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, Aug. 12 (UPI) -- The Federal Reserve Tuesday left its benchmark interest rate unchanged at a 45-year low and indicated it will stay there for a while.
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
