Economy Nov 25 Fed Commits $800 Billion to Unfreeze Credit Markets, Boost Consumer Spending By PBS NewsHour
Economy Oct 08 Fed, European Banks Coordinate Interest Rate Cut Facing worries of a global recession, the Federal Reserve and six other major central banks from around the world announced a coordinated half a percentage point interest rates cut on Wednesday. By PBS NewsHour
Economy Aug 31 Watch President Bush, Bernanke Weigh In on Credit Crisis President Bush announced a series of measures Friday intended to help ease the credit crunch caused by mortgage defaults, while Federal Reserve Chairman Ben Bernanke said he would monitor the situation.