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  • Fed Maintains Status Quo, Keeps Key Rate at Record Lo...
    By on December 16, 2009 | No Comments  Comments
    Earlier today Ben Bernanke, the Chairman of the Federal Reserve, announced that the Fed would be leaving the nation’s key interest rate at its current “exceptionally low” level. Since December of last year, the rate has been set at 0 to .25-percent in an effort to spur lending throughout the c...
  • Rates drop again, but you still can’t get credi...
    By on October 17, 2008 | 1 Comment1 Comment  Comments
    You can afford it, but you still can’t have it. NEW YORK – Bank-to-bank lending rates eased further Friday and demand for Treasury bills let up slightly, but there are still signs the companies that need credit most might not be able to get it. Corporate bonds are being issued at the wea...

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