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Latest news and analysis of the Federal Reserve

Bernanke: Economic outlook weaker1:10pm: Fed chairman says financial crisis will dampen economy well into 2009 and hints at future rate cuts; says recent actions by Fed, Treasury should help economy recover. more
11:22am: Federal Reserve to buy loans crucial to business to unfreeze markets. more
10:25am: Central bank doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year. more
Sep 29: Fed triples supply of 84-day cash loans to U.S. banks and expands currency swaps with other central banks. more
Economic Calendar
Date
Event
Oct 7 
 ICSC-Goldman Store Sales (wk10/4 , 2008)
Oct 7 
 Redbook (wk10/4 , 2008)
Oct 7 
 FOMC Minutes (Sep , 2008)
Oct 7 
 Consumer Credit (Aug , 2008)
Oct 8 
 MBA Purchase Applications (wk10/3 , 2008)
Oct 8 
 Pending Home Sales Index (Aug , 2008)
Oct 8 
 EIA Petroleum Status Report (wk10/3 , 2008)
Oct 9 
 Chain Store Sales (Sep , 2008)
Oct 9 
 Jobless Claims (wk10/4 , 2008)
Oct 9 
 RBC CASH Index (Oct , 2008)
 
Manufacturing (ISM)Large contraction.Nov. 3
Consumer ConfidenceLong-term outlook improves.Oct. 28
Leading IndicatorsDown 0.7%.Oct. 20
Industrial OutputDown 1.1%.Oct. 16
Inflation (CPI)Price pressure eases.Oct. 16
Retail SalesSurprise decline.Oct. 15
Job GrowthUnemployment surges.Oct. 3
Your Home: When to cash outThere are tempting ways to use your home for potential financial gain. Here's how and when they make sense. more
Mortgage and savings rates, auto loans and credit card deals -- the latest offerings from hundreds of institutions. more
Gerri Willis looks at how you can prevent rising mortgage rates from driving up your monthly payments. more


Guiding the post-war Fed
Fed Chairmen since 1951
Fed chairmen since 1951 (gallery)

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