“Unconventional” policy tools needed
Fed expands emergency lending program
FOMC expected to cut interest rates by 75 bps at March 18 meeting
Measures needed to address “heightened liquidity pressures”
A Federal Reserve report on the U.S. economy suggests a slowing in growth since the beginning of the year and upward price pressures.The Fed today released its beige book, a summary of economic activity prepared for use at the central bank’s Federal Open Market Committee meeting set for March 18.The report, collecting data from the […]
Inflation rates to 2% in 2008: Fed report
FOMC forecasts rise in U.S. core inflation
Downside risks to growth remain, Bernanke says
Debt rose by US$4.5 billion in December
Will keep holding auctions every other week for as long as necessary, Fed says