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Tag Archives: federal reserve board

Fed’s low rates pledge supports global stocks

LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors’ jitters, sending stock markets around the world higher Wednesday. The Fed’s surprise announcement Tuesday that it would likely ...

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Unemployment benefit applications stuck above 400K

WASHINGTON — The number of Americans seeking unemployment benefits was mostly unchanged last week, evidence that the weak economy is struggling to generate jobs. Unemployment benefit applications ticked down 1,000 to a seasonally adjusted 428,000, the Labor Department said Thursday. ...

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Supreme Court won’t stop Fed from revealing loan data

WASHINGTON — The Supreme Court won’t stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis. An association of bankers wanted to stop the release but the court refused Monday ...

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Economic experts voice cautious optimism for 2011

While 2011 is barely underway, there remains cautious optimism that this year will see less unemployment, more freedom in the credit markets and greater spending by consumers in Maryland and the country as a whole. For its annual First Friday ...

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