Fed to Keep Interest Rates at Record Low Through Mid-2013
The Federal Reserve said Tuesday that continuing sluggish economic conditions have prompted it to keep interest rates at “exceptionally low levels” at least through mid-2013.
August 9, 2011Fed Sees ‘Moderate’ Recovery Continuing; Downplays Inflation Concerns
Federal Reserve policy makers said Wednesday that the U.S. economy is recovering at a “moderate pace” and that any inflation surge likely to be temporary, while agreeing keeping interest rates at a record low rate, Bloomberg reported.
April 27, 2011Transportation Services Show Upswing, Fed ‘Beige Book’ Report Says
The U.S. economy showed improvement from mid-February through early April, and reports from transportation services firms were mostly positive, the Federal Reserve said.
April 14, 2011Fed Considers Slowing Bond Buying
Federal Reserve policy makers last month differed over whether to begin removing record stimulus this year as they debated the path of monetary policy after the completion of their $600 billion bond-purchase program.
April 6, 2011Fed Keeps Low Interest Rate; Will Buy $600 Billion in Bonds
The Federal Reserve voted to keep a key U.S. interest rate at a record low and said it would buy $600 billion in government bonds over the next eight months in an effort to shore up the economy.
November 4, 2010Transportation Activity Mixed in September, Fed ‘Beige Book’ Says
U.S. economic activity expanded at a “moderate” pace in September, and demand for transportation services showed mixed results, the Federal Reserve said Wednesday.
October 20, 2010Fed Holds Interest Rate at Record Low
The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%, while signaling it may take more steps to help the sluggish economy.
September 21, 2010Transportation Activity Shows Improvement, Fed Says
Demand for shipping and transportation services generally expanded in August, the Federal Reserve said Wednesday.
September 8, 2010