Fed pledges to hold rates at record-low levels for 'extended period,' says economy picked upNovember 4th, 2009 Fed again pledges to hold rates at record-lowsWASHINGTON — With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed said economic activity has "continued to pick up" and that the housing market also has grown stronger, a key ingredient to a sustained recovery.
Treasury rates decline at weekly auction, 3-month bills fall to lowest level since DecemberNovember 2nd, 2009 Rates fall at weekly Treasury auctionWASHINGTON — Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping to the lowest level since December. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.060 percent, down from 0.075 percent last week.
Rate on 6-month Treasury bills remain at record low of 0.150 percent at weekly auctionOctober 13th, 2009 Rate on 6-month Treasury bill stuck at record lowWASHINGTON — Interest rates on six-month Treasury bills remained at a record low, while rates on three-month bills dipped to the lowest level since December. The Treasury Department auctioned $30 billion in six-month bills at a discount rate of 0.150 percent, unchanged from last week when they had declined from the previous record of 0.190 percent.
Lockhart: No rush for Fed to raise rates, warns of lethargic recoverySeptember 30th, 2009 Lockhart: No rush for Fed to raise ratesWASHINGTON — A Federal Reserve official sees no need to rush to boost interest rates and rein in the extraordinary support for the economy, suggesting there are still dangers to the unfolding recovery. In a speech in Mobile, Ala., Federal Reserve Bank of Atlanta President Dennis Lockhart says: "I think it may well be some time before (a) comprehensive exit need be under way."
In recent days, other Fed officials have raised the prospect of having to raise rates quickly once the economy gains traction to ward off inflation.
Interest rates mixed at Treasury auction; 6-month bills stuck at record-low, 3-month bills upSeptember 30th, 2009 Interest rates mixed at Treasury auctionWASHINGTON — Interest rates on six-month Treasury bills remained at a record low in Monday's auction, while rates on three-month bills rose. The Treasury Department on Monday auctioned $29 billion in six-month bills at a discount rate of 0.190 percent, the same as last week.
Interest rates fall at Treasury auction, 6-month bills hit record-low for 4th straight weekSeptember 21st, 2009 Rates on 6-month Treasury bills hit new record lowWASHINGTON — Interest rates on six-month Treasury bills hit a record low for the fourth consecutive week. The Treasury Department on Monday auctioned $29 billion in six-month bills at a discount rate of 0.190 percent, down from 0.210 percent last week.
Rates on Treasury bills fall at weekly auction; 6-month bills hit third straight record lowSeptember 14th, 2009 Rate on 6-month Treasury bills hits new record lowWASHINGTON — Interest rates on six-month Treasury bills hit a record low for the third consecutive week. The Treasury Department on Monday auctioned $29 billion in six-month bills at a discount rate of 0.210 percent.
Rates on Treasury bills fall, 6-month bills hit record low for second straight weekSeptember 8th, 2009 Rate on 6-month Treasury bill hits new record lowWASHINGTON — Interest rates on six-month Treasury bills hit a record low for the second consecutive week. The Treasury Department on Tuesday auctioned $29 billion in six-month bills at a discount rate of 0.225 percent.
Rate for 6-month Treasury bills drop to lowest level on record; 3-month rate also fallsAugust 31st, 2009 Rate for 6-month Treasury bills drop to record lowWASHINGTON — Interest rates on six-month Treasury bills fell Monday to the lowest point on records that go back more than 50 years. The Treasury Department on Monday auctioned $29 billion in six-month bills at a discount rate of 0.240 percent.
Optimistic for the economy, Greenspan says no need for Fed to consider interest rate boostAugust 2nd, 2009 Greenspan says no need yet to raise interest ratesWASHINGTON — Former Federal Reserve Chairman Alan Greenspan says he doesn't think the Fed should be considering raising interest rates to ward off inflation — at least not yet. Greenspan says the Fed will have to rein in credit and raise rates at some point.
Interest rates mixed at weekly Treasury auction with six-month bills dropping to two-week lowJuly 28th, 2009 Interest rates mixed at weekly Treasury auctionWASHINGTON — Interest rates on short-term Treasury bills were mixed in Monday's auction with three-month bills dropping to the lowest level in six weeks. The Treasury Department auctioned $31 billion in three-month bills at a discount rate of 0.18 percent, down from 0.19 percent last week.
Interest rates on 3-month, 6-month Treasury bills rise to highest levels since late JuneJuly 20th, 2009 Rates on short-term Treasury bills rise at auctionWASHINGTON — Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in three weeks. The Treasury Department auctioned $32 billion in three-month bills at a discount rate of 0.190 percent, up from 0.180 percent last week.
Interest rate on 6-month Treasury bills at highest level since April, 3-month bills unchangedJune 29th, 2009 Treasury bill rates mixed at weekly auctionWASHINGTON — Interest rates on short-term Treasury bills were mixed in Monday's auction. Rates on six-month bills rose to the highest level since mid-April, while three-month bills were unchanged.
Dollar gains as ECB, BofE leave interest rates unchangedJune 4th, 2009 Dollar gains as ECB, BofE leave rates unchangedNEW YORK — The dollar moved higher Thursday after the European Central Bank and Bank of England both left interest rates unchanged, as expected. The 16-nation euro dropped to $1.4128 in early New York trading from $1.4134 late Wednesday.
Rates mixed at weekly Treasury auction as 6-month bills dip, 3-month bills unchangedApril 27th, 2009 Rates mixed at weekly Treasury auctionWASHINGTON — Interest rates on six-month Treasury bills rose for the second straight week in Monday's auction after nearly two months of record-lows, while rates on three-month bills fell. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.075 percent, down from 0.080 percent last week.