Federal Reserve reports tighter bank lending standards The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. 05 May 2008
2.
Fed OKs plan to rein in unfair, deceptive credit cards The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. 03 May 2008
3.
Fed cuts key rate by a quarter-point The Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year. There were signs the Fed may believe it has done enough to prevent a deep recession. 01 May 2008
4.
Fed move seen restoring credibility The Federal Reserve's move to join with other central banks to ease the global credit crunch could help restore its credibility after stock investors criticized its latest rate action, a senior portfolio manager said on Wednesday. 13 Dec 2007
5.
Fed offers modest rate cut, Wall Street upset The Federal Reserve cut U.S. interest rates by a modest quarter-percentage point on Tuesday, disappointing Wall Street hopes for bolder action but offering some help to an economy facing credit strains and a deep housing slump. 12 Dec 2007
Dollar is world currency "for a reason": Paulson Treasury Secretary Henry Paulson on Friday defended the dollar's status as the world's reserve currency, saying the U.S. economy's strength, openness and competitiveness would "shine through" the current market turmoil. 10 Nov 2007
8.
U.S. economy faces risks, not recession: Bernanke Federal Reserve Chairman Ben Bernanke told lawmakers on Thursday the U.S. economy did not appear headed for recession, but warned growth could prove weaker than expected and inflation higher. 09 Nov 2007
9.
Indian shares slip 0.6 percent on oil, Bharti drops Indian shares dropped 0.6 percent on Thursday as wary investors locked in profits in a market that had risen nearly 15 percent last month, with soaring global oil prices causing concern. 01 Nov 2007
10.
Fed cuts rates by quarter point The Federal Reserve cut interest rates by a quarter-percentage point on Wednesday to buffer the economy from a housing downturn, but suggested further rate reductions were far from a sure bet. 01 Nov 2007
