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Sagan: ‘Non-adversarial’ tactic needed – Amarillo.com

Sagan: 'Non-adversarial' tactic neededAmarillo.comIn an inflationary economy the Federal Reserve raises the prime interest rate to soak up the extra money. Right now interest rates are pegged close to zero. That should tell us something. In eco…

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‘Non-adversarial’ tactic needed – Amarillo.com

'Non-adversarial' tactic neededAmarillo.comIn an inflationary economy the Federal Reserve raises the prime interest rate to soak up the extra money. Right now interest rates are pegged close to zero. That should tell us something. In economics …

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Global finance markets extend their rule – Workers’ Liberty

Workers’ LibertyGlobal finance markets extend their ruleWorkers’ LibertyThe only thing it can guarantee is the prime interest rate — the rate paid by the central bank, and last week we saw the Federal Reserve locking in the prime rate for two years. …

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Credit Cards Should Be Safe From Downgrade Debacle – MainStreet

MainStreetCredit Cards Should Be Safe From Downgrade DebacleMainStreetInstead, credit card interest rates are tied to the Federal Reserve's prime interest rate, which still remains historically low, and should continue along that path. Federal Rese…

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Wells Fargo to Pay $85M Fine for Shady Loan Practices – ThirdAge

ThirdAgeWells Fargo to Pay $85M Fine for Shady Loan PracticesThirdAgeWells Fargo has agreed to pay an $85 million fine for allegedly steering customers who were potentially eligible for prime interest rate loans into more costly loans and for falsifyin…

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Lower US credit rating will affect its consumers – Tulsa World

Lower US credit rating will affect its consumersTulsa WorldThe Federal Reserve tries to rein in inflation, but its strongest weapon is raising the prime interest rate. The prime rate is the foundation of interest rates on consumer loans. When it rises,…

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2011: Obama’s Reagan Moment – Huffington Post (blog)

2011: Obama's Reagan MomentHuffington Post (blog)You'll remember that in 1982, the economy contracted 6.4% and the prime interest rate reached 21.5% in June of 1982 as the Federal Reserve under Paul Volcker put a stranglehold on inflation. A ye…

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Myths And Facts About Gold Coins – International Business Times

Myths And Facts About Gold CoinsInternational Business TimesBernanke is, today, putting what he believes to be the fix for our current economic woes into practice: – giving money to the banks – cutting the prime interest rate the Fed charges commercial…

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Myths And Facts About Gold Coins – IBTimes Hong Kong

Myths And Facts About Gold CoinsIBTimes Hong KongBernanke is, today, putting what he believes to be the fix for our current economic woes into practice: – giving money to the banks – cutting the prime interest rate the Fed charges commercial banks – bu…

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Myths And Facts About Gold Coins – International Business Times AU

Myths And Facts About Gold CoinsInternational Business Times AUBernanke is, today, putting what he believes to be the fix for our current economic woes into practice: – giving money to the banks – cutting the prime interest rate the Fed charges commerc…

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