The interest rate on reserves did not establish a hard floor on the federal funds rate during the short period between the time that payment of interest on reserves was introduced .
An annual British Petroleum report claims that the world has enough oil reserves to last 40 more years.
Before the winter is over reserve requirements will probably be upped a second time.
Ravens reserve RB Damien Berry arrested on failure to appear warrant stemming from traffic citations Running back has October court date, was originally charged with driving with a suspended license; released on own recognizance Ravens reserve running back Damien Berry was arrested Tuesday night by Baltimore County police on a failure to appear warrant stemming from a charge of driving with a suspended license, according to court records.
June 13, 2013 - Baltimore Sun
Ben Bernanke in CNNMoney.com In general,Bernanke said, "healthy economic growth depends on well- functioning financial markets. Consequently, helping the financial markets to return to more normal functioning will continue to be a top priority of the Federal Reserve."
Barbara Boxer in CNN International Dr. Bernanke played a lead role in crafting the Bush administration's economic policies, which led to the current economic crisis,Boxer said. "Our next Federal Reserve chairman must represent a clean break from the failed policies of the...