News Topic - Federal Reserve

Fed move boosts European stocks
AP - World stock markets on Tuesday recovered some of their hefty losses from the previous day, helped by a steady opening on Wall Street after the U.S. Federal Reserve announced that it would buy massive amounts of short-term debts in an attempt to ease tight credit markets.
Yahoo!  –  2 hours, 35 minutes ago  –  comment?
found in Business

Wachovia, Citigroup, Wells Agree To Standstill
Wachovia, Wells Fargo and Citigroup have agreed to a standstill of all formal litigation activity -- a sign that the three banks and the Federal Reserve are working feverishly to reach an agreement over Wachovia's fate.
KKTV.com  –  2 hours, 36 minutes ago  –  comment?
found in Local: Colorado: Colorado Springs

News Buzz: Fed's Emergency Debt Plan, McCain's Alleged Links to Group in Iran-Contra Case
Federal Reserve launches massive plan to purchase short-term corporate debt.
U.S. News & World Report  –  2 hours, 44 minutes ago  –  comment?
found in Top Stories

Fed moves on commercial paper lending
Money market rates surged higher after the Federal Reserve announced a new commercial paper lending facility to jump start funding for companies and ease tensions
Financial Times  –  2 hours, 47 minutes ago  –  comment?
found in Business: Markets

Cramer: Fed's Fixing U.S. Paper Jam
Jim Cramer thinks it's a good idea that the Federal Reserve buys commercial paper.
TheStreet.com  –  2 hours, 48 minutes ago  –  comment?
found in Business: Investing

Fed's radical plan to ease credit crisis
WASHINGTON (AP) -- The Federal Reserve isn't saying how much it will be spending on short-term debt to ease a situation that is clogging the nation's credit system.
WWLP.com  –  2 hours, 51 minutes ago  –  comment?
found in Local: Massachusetts: Springfield

Fed's Stern sees more job losses
CHICAGO (Reuters) - The United States economy is in for further job losses and soft consumer spending in the short run, which should help pull down inflation, Minneapolis Federal Reserve President Gary Stern said on Tuesday.
Reuters  –  2 hours, 52 minutes ago  –  comment?
found in U.S. News

Fed creates commercial paper-buying facility
WASHINGTON (Reuters) - The Federal Reserve on Tuesday announced it would create a special-purpose facility, with the Treasury Department's blessing, to begin buying commercial paper in yet another emergency move aimed at calming chaotic financial markets.
Reuters  –  2 hours, 53 minutes ago  –  comment?
found in Top Stories

Dow on a roller coaster; all eyes on the fed
Wall Street fluctuated sharply in early trading Tuesday, with investors getting some encouragement that the Federal Reserve's plan to buy massive amounts of corporate debt will help unclog the credit markets.
Vindy.com  –  3 hours, 9 minutes ago  –  comment?
found in Local: Ohio: Youngstown

Stocks fight for gains
Stocks struggled higher in early Tuesday trading as investors welcomed the Federal Reserve's plan to loosen up credit markets, but a dour picture at Bank of America kept a rally in check.
CNN.com  –  3 hours, 34 minutes ago  –  comment?
found in Business: Markets