Bank stocks led the market lower after the Federal Reserve cut its economic forecast and said unemployment could get worse.
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Stocks erase gains after Fed reduces 2009 outlook (AP)
Posted by admin 476 days ago (http://us.rd.yahoo.com)Fed, New Finance Supercop?
Posted by admin 488 days ago (http://www.foxnews.com)
White House leaning toward making the Fed responsible for monitoring risk that could lead to another meltdown
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Fed sees signs recession may easing (AP)
Posted by admin 497 days ago (http://us.rd.yahoo.com)
The Federal Reserve says it sees signs the recession may be easing but warns the U.S. economy is likely to remain weak. Against that backdrop the Fed held its key lending rate at a record low of between zero and 0.25 percent.
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Fed survey finds faint signs of hope (AP)
Posted by admin 511 days ago (http://us.rd.yahoo.com)
The Federal Reserve said Wednesday there are some faint signs the steep plunge in economic activity that began last fall is starting to level off.
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