Aug 17 Watch Federal Reserve Cuts Discount Rate to Steady Market Acknowledging a period of increased economic risk that could restrain growth, the Federal Reserve on Friday cut the discount rate at which it makes loans to banks. An economic consultant and a business journalist explain the move. Continue watching
Aug 23 Watch Declining House Sales Indicate Slowing Economy As housing inventories reached new highs, existing-home sales in the United States fell in July to its lowest rate in more than two years. Industry economists discuss the drop and the impact of the softening real estate market on the… Continue watching
Jun 14 Watch Increase in Consumer Prices Raises Fears of Inflation A Labor Department report released Wednesday shows an increase in consumer prices due to significant raises in energy and gas costs, prompting concerns that the Federal Reserve will again raise interest rates to fight inflation. Continue watching
Jun 06 Watch Higher Interest Rates Are Forcing Housing Foreclosures across the Country Foreclosure rates are increasing as many homeowners struggle to make their mortgage payments on time. Continue watching
Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching
Mar 19 Fed Leaves Interest Rates Unchanged The Federal Reserve decided Tuesday it would not raise interest rates, but cautioned Americans that short-term rates will go higher this year as the country rebounds from recession. Continue reading