Is the Fed Fighting Inflation or Recession?
Submitted by bankinvestor (bestcashcow.com)
The Fed is fighting inflation and recession at the same time. Can it work?
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Related Tags: Federal, Fed, York, Mortgage, Ben, Interest, Rate, Calls, Central, Timothy, Cds, Times, Recession, Points, Securities, Backed, Certificates, Bernanke, Rates, Economy, Cuts, Carlyle, Banks, Geithner, Fomc.
The Federal Reserve cut its target interest rate by half a percentage point yesterday to just 1% in an effort to increase lending in the economy. This is good news for the economy ( although the...
Timothy F. Geithner, president of the Federal Reserve Bank of New York, is Wall Street's banker of last resort - In more ways than one. Geithner is playing an increasingly critical role in setting...
In a move co-ordinated with three European central banks and the Bank of Canada, the Federal Reserve expanded its securities lending to enable bond dealers to brrow upto $200 billion of treasurys...
The culprit this time is the failure of both the Carlyle Group and Thorburg Mortgage failing to meet margin calls. And to add fuel to the fire, the February payroll showed a deep malaise, with...
The Fed is fighting inflation and recession at the same time. Can it work?
FED does not have any real power to affect or rectify the crisis, and Bernanke is behind the curve and still learning...
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Type
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Top APY/Rate
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Institution
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4.00%
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CNB Bank / Dollar Savings Direct
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2.87%
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Fidelity Select Money Market
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3.50%
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Crestmark Bank
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4.06%
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State Bank of India, New York Branch
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4.32%
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State Bank of India, New York Branch
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|
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4.40%
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Umbrella Bank
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|
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4.50%
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Umbrella Bank
|
|
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4.60%
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Discover Bank
|
|
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5.21%
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Discover Bank
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|
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5.64%
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US Treasury
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|
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3.50%
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Federal Home Loan Bank (state and local tax exempt)
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|
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3.79%
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Northrop Grumman CU
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|
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4.22%
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Melrose CU
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4.37%
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Melrose CU
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5.00%
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Pentagon FCU
|
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0.90%
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Various brokerages
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|
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1.60%
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Various brokerages
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|
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1.96%
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Various brokerages
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|
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2.97%
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Various brokerages
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3.82%
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Various brokerages
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