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WASHINGTON, Sept. 16 (UPI) -- The Federal Open Market Committee decided Tuesday to keep its target for the federal funds rate at 2 percent, U.S. officials said.
WASHINGTON, April 28 (UPI) -- U.S. lenders are criticizing Federal Reserve proposals they say would slow lending in an already poor mortgage market, financial experts said.
WASHINGTON, Nov. 5 (UPI) -- The U.S. subprime mortgage crisis probably will worsen over the next 12 months before improving, a Federal Reserve governor said Monday.
WASHINGTON, March 21 (UPI) -- The following is the text of the Federal Reserve's statement on U.S. interest rates, released by its Federal Open Market Committee Wednesday:
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