Unpartisan.com
Tuesday, March 18 2008, 03:38 AM Fed takes bold steps to ease crisis The Federal Reserve, acting urgently over the weekend to stabilize financial markets, approved a cut in its emergency lending rate to 3.25 percent from 3.50 percent — a new lending facility immediately available Monday to Wall Street firms. 13 News Stories, 7 Liberal Blogs, 0 Conservative Blogs Post A Comment
From The Left
The Carpetbagger Report Tuesday?s Mini-report Today’s edition of quick hits. * The band-aid: “The Federal Reserve slashed a key interest rate by three-quarters of a percentage point Tuesday, in the central bank’s continued effort to restore confidence in the economy and battered fi
Suburban Guerrilla Famous Last Words Yes, because the Fed’s done such a great job keeping us out of situations like this: Today, the Federal Reserve is expected to further cut the federal-funds rate, charged on overnight loans between banks, by between a half percentage point and a ful
Wonkette Federal Reserve Can't Stop Saving Economy! [our Flourishing Economy] The Federal Reserve cut the federal funds rate -- its 'big deal' interest rate -- by another 3/4 of a percentage point this afternoon, bringing the number down to 2.25%. This is the second 3/4-point cut in recent months, meaning Ben Bernanke is probably o
legitgov Bernanke May Cut Benchmark Rate By Most Since Volcker Federal Reserve Chairman Ben S. Bernanke may be readying the deepest interest-rate cut in a generation as the central bank struggles to prevent a meltdown in financial markets and a recession.
From The Right