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Fed more hopeful on economy; holds record low rate – Wall Street

Posted on: August 13th 2009 in Market News.

Fed signals end of government debt-buying program; keeps key bank lending rate at record low WASHINGTON (AP) — The Federal Reserve delivered a vote of confidence in the U.S. economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to…

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Exclusive: Fed tests harder on regional banks – Wall Street

Posted on: April 22nd 2009 in Press Releases.

WASHINGTON (AP) — The government’s “stress tests” of 19 large U.S. banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by The Associated Press. That approach favors a few Wall Street banks while potent…

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