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Stories tagged with Fed

Promontory Financial - the $1B revolving door

By Laurie Bennett   |   August 1, 2013 at 12:11pm   |   0 Comments

The Federal Reserve Board announced last week that it had come to an agreement with GMAC Mortgage in its mortgage foreclosure review.

Richard Fisher, the Fed’s Mr. Lonely again

By Gary Jacobson   |   June 25, 2008 at 4:47pm   |   0 Comments

The Federal Reserve kept its benchmark interest rate at 2 percent today, with Dallas Fed president Richard Fisher providing the lone dissenting vote among the nine members of the Federal Open Market Committee. Fisher, fearing inflation, wanted to raise rates.


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