Bernanke Says Recession Is Possible

Wednesday, April 2nd, 2008

Will there be a recession or not? That is everybody's favorite games these days. Many people claim the country is already in a recession, others are hoping that the U.S. will somehow escape that fate. Today Fed Chairman Ben Bernanke said bluntly that their could still be ...

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Fed Cuts Federal Funds Rate By 75 Basis Points

Tuesday, January 22nd, 2008

It's the biggest rate cut ever in the nonstop "cut the rates and save the economy" show that's been going on at the Federal Reserve. Fearing a global sell off of stocks, the Fed dug deep and came up with the largest interest rate decrease in recent memory. Is Bernanke ...

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