Archives for posts tagged ‘credit markets’

Federal reserve ’still has plenty of ammo’

According to the Wall Street Journal today, the Fed thinks we’re in good shape.
Dennis Lockhart, president of the Fed Bank of Atlanta, said the Fed’s key rate, which stands at just 1.0%, could “in theory” go down to zero if problems persist, and said this could be considered.
Speaking during a question-and-answer session after a speech [...]

Dollars and sense

What is on everyone’s mind in corporate America? Money. Same thing that should be on your mind. If you have significant savings then you might be in good shape for the time being. Or your might not. Depends on whether the banking system collapses completely. While the chances are low, I think we may well [...]