| Pimco's El-Erian: Unintended consequences from Fed move Aggressive moves by the U.S. central bank could send the U.S. currency under tremendous pressure and could result in even further disarray in capital markets, Mohamed El-Erian told Reuters on ...[more] |
| Fed rate cut helpful but not enough: IMF's Lipsky "There needs to be a comprehensive and broader approach that goes beyond simply the Fed to produce success here," John Lipsky, the International Monetary Fund's first deputy managing director ...[more] |
| Fed not signaling new info on economy: official The official spoke in an unprecedented conference call with reporters after the Fed announced it was cutting the benchmark federal funds rate target to a range of zero to 25 basis points. His ...[more] |
| Fed cuts rates to record low In a surprise and historic move, it lowered its target for the benchmark federal funds rate to a range of zero to 0.25 percent, a record low, from 1.0 percent, and said it was willing to keep ...[more] |
| Pimco's El-Erian: Unintended consequences from Fed move Aggressive moves by the U.S. central bank could send the U.S. currency under tremendous pressure and could result in even further disarray in capital markets, Mohamed El-Erian told Reuters on ...[more] |
| Fed's cut to add pressure on banks' margins The Fed lowered rates by at least three quarters of a percentage point on Tuesday, one of its most dramatic moves yet in a bid to jumpstart a recession-bound economy. But the Fed easi ...[more] |
| Tight credit markets to hamper U.S. recovery The Association for Financial Professionals' 2009 survey showed a third of the more than 800 respondents expected gross domestic product to fall by between 0.1 and 1.0 percent in 2009. < ...[more] |
| What's next for America? Millions of U.S. jobs have been lost and more layoffs are expected. Banks have reined in lending after a credit crisis and a housing collapse that has sent foreclosures surging. On Wa ...[more] |
| Consumers seen spending even less in early '09 Analysts expect consumer spending to nose dive again in the first part of 2009, with the U.S. economy mired in recession and no more big shopping holidays. Even an economic stimulus p ...[more] |
| Fed not signaling new info on economy: official The official spoke in an unprecedented conference call with reporters after the Fed announced it was cutting the benchmark federal funds rate target to a range of zero to 25 basis points. His ...[more] |
| Fed rate cut helpful but not enough: IMF's Lipsky "There needs to be a comprehensive and broader approach that goes beyond simply the Fed to produce success here," John Lipsky, the International Monetary Fund's first deputy managing director ...[more] |
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