Interest rates will remain painfully low for savers, while borrowers who qualify will find the mortgage rates of a lifetime. Credit card rates will remain low, as will car loan rates.
» Read moreAfter an eventful September meeting, this time the Federal Reserve’s policymaking committee took a rest.
» Read moreThe most recent Beige Book from the Federal Reserve shows economies modestly improving across the country. Learn more at Bankrate.com.
» Read moreThe Fed, faced with a laundry list of economic troubles and stubborn unemployment, decided to go all-in on job growth.
» Read moreAt a scheduled press conference, Federal Reserve Chairman Ben Bernanke cited the continued struggles of the U.S. job market as the reason for announcing QE3.
» Read moreThe Federal Reserve is ready to rescue the economy with another large-scale asset purchase program.
» Read moreThe Federal Reserve’s rate-setting committee will start its third large-scale asset purchase plan — which makes it officially QE3.
» Read moreThe European Central Bank met this week and announced that it will buy an unlimited amount of sovereign debt from euro area countries in a new sterilized plan.
» Read moreIf there is more stimulus planned, Federal Reserve Chairman Ben Bernanke declined to hint at it directly Friday in his speech at the annual economic symposium in Jackson Hole, Wyo. He did, predictably, leave the door open. Over the past five years, the Federal Reserve has acted to support economic growth and foster job creation,
» Read moreThe Beige Book shows that through July and August the economy grew slowly, though there are some economic bright spots including retail and real estate.
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