Items Tagged with 'Federal Reserve Board'


Federal Reserve ends an era of near-zero rates

December 18, 2015
The Federal Reserve Board’s Federal Open Market Committee officially raised the target range for the federal funds rate from 0.25 percent to 0.50 percent last week, ending a nearly seven-year period of federal funds rates held near zero during the recession. Read More

Not many happy returns on investments — again

County investment pool’s earned interest is typical of the times.

April 5, 2013
Despite the size of the Kent County Investment Pool, its return rate has been similar to what individual savers have received for at least the last four years due to the Federal Reserve Board’s lengthy monetary policy and continuous global financial problems. Read More