federal reserve

Fed auctions $75 billion to ease credit stresses

WASHINGTON -- The Federal Reserve has auctioned another $75 billion in loans to squeezed banks to help them overcome credit problems.

Banks step up Fed loans, investment firms scale back

WASHINGTON -- The Federal Reserve's emergency loans to banks climbed to the highest level on record even as Wall Street investment companies scaled back their borrowing.

Rates on 30-year mortgages jump to 11-week high

WASHINGTON -- Rates on 30-year mortgages jumped this week to the highest level since mid-March as investors began to worry about what the Federal Reserve will do to combat growing inflation pressures.

Yellen vows Fed will prevent inflation spiral

SAN FRANCISCO (Reuters) - The Federal Reserve is intent on not letting inflation spiral out of control, even as the economy teeters on the brink of recession, a top Fed policy-maker said on Tuesday, indicating that more interest rate cuts are not in the offing.

Supervision, market discipline balance needed: Geithner

JERUSALEM (Reuters) - Major economies, particularly the United States, must balance financial market discipline and supervision better to cushion against future crises, New York Federal Reserve President Timothy Geithner said on Monday.

No more Fedspeak on further interest rate cuts

WASHINGTON -- Sounding a gong couldn't have made it clearer. Federal Reserve officials are putting out the word that further interest rate cuts are unlikely.

Investment companies reduce emergency Fed loans

WASHINGTON -- Wall Street investment companies are reducing their borrowing from the Federal Reserve's emergency lending program.

When economy revives, how will we know?

WASHINGTON -- With any luck, the second half of this year will be better than the so-far rocky first half. The Federal Reserve chief hopes that is the case. So does President Bush.

Stagflation fears send stocks sharply lower

NEW YORK (Reuters) - Stocks tumbled on Wednesday, posting their biggest losses in two weeks, amid fears the U.S. economy faces 1980s-style stagflation after the Federal Reserve slashed its economic growth forecasts while raising estimates for inflation.

Fed auctions $75b to ease credit stresses

WASHINGTON -- Working to relieve stressed credit markets, the Federal Reserve has auctioned another $75 billion in loans to squeezed banks, bringing the total to $510 billion since December.

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