interest rate cut

The Fed reports that more needs to be done about foreclosures

March 5, 2008 • 0 comments

  With foreclosures on the rise and market instability increasing, The Federal Reserve Chairman, Ben Bernanke urged lenders Tuesday to help distressed owners by lowering mortgage amounts.  He warned that […]

by Jason Koertge

Fed Slashes (and I mean slashes) Interest Rate – .75%

January 23, 2008 • 1 comment

In a bold move today, the Fed cut the interest rate .75% to 3.5 from 4.25. “Analysts said the fact that the Fed did not wait until its meeting next […]

by Jason Koertge

Fed ready to cut rates again – Is that what we need?

January 12, 2008 • 5 comments

On Thursday, Ben Bernanke indicated that the Fed was prepared to do whatever necessary to ward off a recession, even if it meant cutting interest rates again.  Many economists are […]

by Jason Koertge