Fed’s Rosengren reports ‘tremendous interest’ from businesses for loan program
The Federal Reserve is seeing high demand for its business loan initiative put in place to help smaller companies get...
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Here’s what negative interest rates from Fed would mean for you
The economic shock from Covid-19 may call for drastic measures, but negative interest rates are not one of them —...
Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year
The Federal Reserve kept interest rates near zero and indicated that's where they'll stay as the economy recovers from the...
Fed economists make the case for negative interest rates in the United States
In theory, negative interest rates would motivate more people and businesses to borrow money, which should stimulate the economy. Critics...
Interest Rate on Federal College Loans Is About to Hit a Record Low
The coronavirus may be upending the way colleges operate, but at least students and their families will get a break...
The UK just sold its first bond with a negative interest rate
Halliburton, one of the world's largest oilfield service providers, cut its dividend by 75% as it grapples with a sharp...
Dealing With the Dark Side of Low Interest Rates
The extraordinarily low interest rates in place today are a boon when you’re buying a house, refinancing a mortgage, leasing...
Trump’s bizarre wish list: Higher oil prices and negative interest rates
That's an extreme step that could signal desperation rather than confidence during a fragile period for the American economy. The...
What negative interest rates would mean for your wallet
"Negative interest rates sound like fun but it's nothing to wish for," McBride said."It hasn't even proven to be effective,"...
Goldman Sachs on Federal Reserve, negative interest rates
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC.Getty ImagesAnother "big setback" in the U.S. economy...
Interest rates to be kept near zero until full employment, inflation come back
The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy stance...
Weekly mortgage demand stalls, even with interest rates at a record low
A real estate agent shows a home to a prospective buyer in Miami.Getty ImagesMortgage volume appears to be settling into...
Bank websites, hit by wave of stimulus interest, experience some outages and slowdowns
Websites of major U.S. banks experienced heavy outages and slowdowns Wednesday as people looked to see if their government stimulus...
Weekly mortgage applications drop over 8% as interest rates jump
Prospective buyers with their real estate agent survey the kitchen of a new home.Matthew Staver | Bloomberg | Getty ImagesA...
Fed Slashes Interest Rates in Bid to Protect Economy: Live Updates
The Fed unveils an emergency program to keep credit flowing.The Federal Reserve cut interest rates to near-zero on Sunday, in...
Savers are getting destroyed by super low interest rates
Now the Federal Reserve is making it painfully clear just how worried it is that the coronavirus pandemic will hurt...
Fed increasingly expected to cut interest rates to zero next week
Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed...
Mortgage refinance applications spike 79% as interest rates sink
Another major drop in mortgage rates caused a massive jump in borrowers applying to refinance their home loans.The surge sent...
Markets shift to bet on UK interest rate cuts
Some investors are betting the Bank of England will slash UK interest rates to record lows in response to the...
Bank of Canada cuts interest rates in face of coronavirus
The Bank of Canada cut its benchmark interest rate by half a percentage point, following a similar move by the...
The Fed might have to cut interest rates all the way to zero
Yet red flags only flew higher on Wall Street in the hours after that announcement. The Dow reverted to selloff...
