Federal Funds Rateaudio & video

The Economy

audio

10 Nov 2008

The Economy 

Dan talks with Patrick Maney, Boston College History Professor and Harold Peterson, Boston College Economics Professor, about the state of the economy and its impact on the in coming Obama administration.

listen

[3:12]..." the rate very very low it's 1% now -- the so called federal funds rate where thanks are for each other and where the federal land. Two banks essentially. But the even banks who aren't from each "...

[4:01]..." Well the spread you know the the spread between the federal funds rate the primary it was usually about 3% enough to cover costs you know one. You know you have to investigate the credit "...

timeline

32:50

Legal aid services in MA facing budget cuts

audio

31 Oct 2008

Legal aid services in MA facing budget cuts 

WBZ's Lisa Meyer speaks with Lonnie Powers, the director of the Massachusetts Legal Assistance Corporation.

listen

[0:24]..." the -- the program as it's called is tied to be the federal funds rate. And that's now down at 1%. And so we've lost. 54%. Of our income from that source in this fiscal year. "...

timeline

5:29

My WBZ Afternoon Headlines 10/29/2008

audio

29 Oct 2008

My WBZ Afternoon Headlines 10/29/2008 

The Fed cuts rates, McCain and Obama want Florida, the "day after" for Dianne Wilkerson, these stories and more, in the WBZ Afternoon News.

listen

[1:08]..." down to 1%. This is the second half point cut in the federal funds rate in October. The central bank of course trying to revive the sinking economy. Let's see how Wall Street is reacting right now "...

timeline

17:34

Fed Chair Bernanke pushes for a second stimulus package

audio

20 Oct 2008

Fed Chair Bernanke pushes for a second stimulus package 

WBZ's Lisa Meyer spoke with Boston University finance professor Mark Williams about the impact it could have on the economy.

listen

[2:04]..." stated willingness to say we could pop to reduce rates even further Fed funds rate to drop the 1% from one and half always saying. Are really start the ball that credit market I think interesting the "...

timeline

2:21

My WBZ Morning Headlines 10/08/2008

audio

8 Oct 2008

My WBZ Morning Headlines 10/08/2008 

Developing News: Fed cuts interest rate to 1.5%, markets looking up. Details on this and more top morning stories.

listen

[1:48]..." have been charging each other quite a bit more of in the federal funds rate Barroso bringing federal funds rate down doesn't automatically guarantees. Banks charge each other last much less but they'll charge anybody else last. "...

timeline

7:06

Kellner: Wall St. rescue plan victim of bad marketing

audio

30 Sep 2008

Kellner: Wall St. rescue plan victim of bad marketing 

WBZ's Gregg Jensen speaks to Dr. Irwin Kellner, chief economist at MarketWatch.

listen

[0:43]..." was an individual business or. Now for a bank -- the federal funds rate which earlier today we're as high as 7% to now 5% and that's about three points above where the Federal Reserve wants "...

timeline

2:28

My WBZ Afternoon Headlines 09/16/2008

audio

16 Sep 2008

My WBZ Afternoon Headlines 09/16/2008 

A BIG sigh of relief on Wall Street, good news for some college students and their parents, these stories and more, in the WBZ Afternoon News.

listen

[1:25]..." The federal funds rate is unchanged at 2% but the central bank says strains in financial markets have increased significant -- And labor markets have weakened "...

timeline

17:45

Federal Reserve leaves interest rates alone

audio

5 Aug 2008

Federal Reserve leaves interest rates alone 

WBZ's Anthony Silva gets reaction to the Fed's decision from a local economist.

listen

[0:06]..." straight month the Fed decided to leave interest rates unchanged. Keeping the federal funds rate at 2%. Chief economist at the John Hancock financial here in Boston bill Cheney says the Fed understands the economy is battling "...

timeline

3:51

My WBZ Afternoon Headlines 04/30/2008

audio

30 Apr 2008

My WBZ Afternoon Headlines 04/30/2008 

The FED cuts a key interest rate, still no gas for some downtown, an apology to Kylee Herriot, these stories and more, in the WBZ Afternoon News.

listen

[1:16]..." It was as expected the Federal Reserve has lowered the federal funds rate by a quarter point. CBS has. "...

[1:38]..." see how all the stimulus is working. And this cut brings the federal funds rate to just 2% -- it can't get a whole lot lower. "...

timeline

10:29

My WBZ Morning Headlines 4/28/2008

audio

28 Apr 2008

My WBZ Morning Headlines 4/28/2008 

Rebate checks are on the way, a four wheeling accident kills a young boy and working on a state budget, these stories and more on the WBZ Morning News

listen

[1:31]..." worse. This time their thinking about a quarter point reduction in the federal funds rate announcement is expected at the end of the Fed's two day meeting on Wednesday. A tragic turn of events in the case "...

timeline

6:56

<<Prev 1  2  3  Next>>