- advertisement -
Click to return to the home page  
Portland, Oregon July 24, 2008
Bankrate.com
News & Advice Compare Rates Calculators
Rate Alerts  |  Glossary  |  Help
Mortgage Home
Equity
Auto CDs &
Investments
Retirement Checking &
Savings
Credit
Cards
Debt
Management
College
Finance
Taxes Personal
Finance

Fed News   Fed announcement: June 25, 2008
  The Federal Reserve's Open Market Committee announced today that it will leave  
  the federal funds rate at 2 percent. What does this mean for you?  
Table of contents

Breaking Fed news
 
Today the Federal Open Market Committee decided to leave the target federal funds rate at 2 percent.
 
Federal Reserve announces it will stay put on rates
Find out how the Fed's decision will affect you and the economy. Read on
Winners and losers after Fed decision
The Federal Reserve kept rates as is after a long rate-cutting spree. How will this affect your bottom line? Read on
Translating what the Fed said
Do you speak Fed? Fear not, we'll translate what was said for you. Read on
Smart money strategies
Find out how to take advantage of the Federal Reserve's decision to stand pat with these money moves. Read on
Glossary
Get help understanding some economic lingo such as GDP, PCE, monetary policy and more. Read on

The Federal Open Market Committee
The rate-setting Federal Open Market Committee meets at least eight times a year. Its members include the Board of Governors of the Federal Reserve System, the president of the Federal Reserve Bank of New York and a rotating selection of presidents of the other 11 reserve banks. Its members are:
  • Benjamin Bernanke, Board of Governors, chairman
  • Timothy F. Geithner, New York, vice chairman
  • Richard W. Fisher, Dallas
  • Donald L. Kohn, Board of Governors
  • Randall S. Kroszner, Board of Governors
  • Sandra Pianalto, Cleveland
  • Charles I. Plosser, Philadelphia
  • Frederic S. Mishkin, Board of Governors
  • Gary H. Stern, Minneapolis
  • Kevin M. Warsh, Board of Governors
  • Bankrate.com's corrections policy -- Posted: June 25, 2008
    Next article >>  

    TABLE OF CONTENTS
     
     
     
     
    CDs and Investments
    Compare today's rates
    NATIONAL OVERNIGHT AVERAGES
    1 yr CD 3.82%
    2 yr CD 4.05%
    5 yr CD 4.53%
    - advertisement -
    ADVERTISING PARTNERS
    - advertisement -
    - advertisement -
    News & Advice | Compare Rates | Calculators
    Mortgage | Home Equity | Auto | Investing | Checking & Savings | Credit Cards | Debt Management | College Finance | Taxes | Personal Finance
    About Bankrate | Privacy | Online Media Kit | Partnerships | Investor Relations | Press/Broadcast | Contact Us | Sitemap
    NASDAQ: RATE | RSS Feeds | Order Rate Data | Bankrate Canada | Bankrate China

    * Mortgage rate may include points. See rate tables for details. Click here.
    * To see the definition of overnight averages click here.

    Bankrate.com ®, Copyright © 2008 Bankrate, Inc., All Rights Reserved, Terms of Use.

    Contact Us Terms Privacy Advertising Site Map About Us
    © Belo Interactive
    Winner of the 2001 RTNDA Edward R. Murrow Award for best TV website, NW Region.
    (Oregon, Washington, Idaho, Montana, Alaska)
     Health
     Environment
     Technology
     Sports
     Entertainment
     Lifestyle
     Home & Garden
     Travel
     Live Cams
     Traffic
      Local News Home

      U.S./World Home

      Palm/PDA

      Newsletters

      Forums

      News Links

      Extra Reports
      Business Home

      Tax Center

      NW Stocks

      Rates Report

      Motley Fool

      PR Newswire

      Consumer Law

      Small Biz Law
      Weather Home

      Doppler 8000

      Satellite Photos

      My-Cast

      Weather e-mail

      Travel Conditions

      School Closures

      Ski Report

      Matts Weatherpic
      Classifieds Home

      Find a Car

      Find a Job

      Find a Home

      NW Experts

      Discount Internet

      MySpecialsDirect