FOMC says keeping target range supports progress toward maximum employment.
Fed-watching economist Ed Yardeni sees promise, problems in widening yield curve and credit spreads.
Credit Union Economics Group meets with Federal Reserve officials for 11th year.
Credit union CEO says low rates continue to tighten interest income spread while industry remains "averse" to boosting fee income.
Unstable home values, job insecurity and volatile stock market fears may be more of a concern for some members than what the rates are at their credit unions.
For some members, unstable home values, job insecurity and volatile stock market fears may be more of a concern than rates at their credit unions.
Fed chair to address Senate today, House on Wednesday in semiannual report to Congress.
According to a Monday release, Rep. Ron Paul’s (R-Texas) Audit the Fed bill is expected to receive a House floor vote later this month.
The Federal Open Market Committee on Wednesday maintained the federal funds rate at a range of zero to 0.25%.
Sluggish economic growth cited in decision to leave overnight rates near zero.