Login | Register

Most Popular Choices

16

Fed Sets Floor Below Rate Target, Engineering `Stealth' Cut

Quicklink Submitted By Sheila Samples No comments

Managing Editor
Sheila Samples

Become a Fan
(49 fans)

The central bank used power granted under last week's financial-rescue legislation to effectively set a floor under its main interest rate that's lower than the 2 percent target set by policy makers last month. The Fed may now pay interest on bank reserves while it floods financial markets with liquidity, pushing down the overnight lending rate.

Read the rest of the story HERE:

At www.bloomberg.com

Rate It | View Ratings

Sheila Samples Social Media Pages:

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Banking; Banking Crisis; Financial Investment Schemes; Under The Radar, Add Tags

Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Contact Author

Contact Editor

Author Page

View Authors' Articles

OpEdNews ~~depends upon~~ can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.

To View Comments or Join the Conversation:

Congress Switchboard: 202-224-3121

To remove advertising from OpEd News, please become a premium member.

"In Bottom-Up, Rob Kall offers important insights on why our society is in such disarray and what we must do to change it. He demonstrates how "top down" thinking is what has produced our current mess, and how bottom up thinking is much more efficient for solving problems and producing change. Rob shows how lasting change must come from the people themselves and not from the leaders. This was as true in the days of the Magna Carta as it was for the Bill of Rights as it was for the Union movement that first gave workers' rights and protection in this country, as it is today. Indigenous elders have told me, "if you want to change the world, start talking and keep talking." Rob is doing this with this book and with his OpEdNews, and he is making a difference. I recommend this book to all who wish to see lasting, human-friendly, compassionate change that will sustain humanity is this crazy world of today."

Lewis Mehl-Madrona, MD, author of the Coyote trilogy that discusses healing practices from Lakota, Cherokee, and Cree traditions and how they intersect with conventional medicine

Art Instruction for People
At All Skill Levels

Top Content
in the Last 2 Days
(by Page Views)

Me and Charlie Kirk by Mike Rivage-Seul ( With membership, you can see # of pageviews)

An essay review of the book Godel: A Life of Logic, by John L Casti by Herbert Calhoun ( With membership, you can see # of pageviews)

Lebanon remains in chaos because of Israel, interview with Yehya Chamas by Steven Sahiounie ( With membership, you can see # of pageviews)

Covid-19 Origin: A Paper in progress by John Hawkins ( With membership, you can see # of pageviews)

The Awful Transformation of Bernie Sanders by earl ofari hutchinson ( With membership, you can see # of pageviews)

The Big Question About the UN Security Council's Gaza Ceasefire Resolution by Thomas Knapp ( With membership, you can see # of pageviews)

Eating Healthy is Do-able / Eating healthily on the fly (plus thoughts on hypoglycemia) by Gary Lindorff ( With membership, you can see # of pageviews)

It's Banned Books Week, read on by Bob Gaydos ( With membership, you can see # of pageviews)

The Eclipse as Cosmic Muse by Meryl Ann Butler ( With membership, you can see # of pageviews)

The End of Recessions in the United States? by Joel Joseph ( With membership, you can see # of pageviews)

Tomgram: Clarence Lusane, He's No Prize by Tom Engelhardt ( With membership, you can see # of pageviews)

Who would Jesus slaughter? by Rick Staggenborg, MD ( With membership, you can see # of pageviews)

Tobacco-Vendor Licensing Plugs the Loopholes in Implementing Life-Saving Health Laws by Citizen News Service - CNS ( With membership, you can see # of pageviews)

Table 10 by David Son ( With membership, you can see # of pageviews)

The UnPeaceful Atom: Putin Confirms that All Nuclear Reactors are Pre-Deployed Weapons of Mass Destruction by Karl Grossman ( With membership, you can see # of pageviews)

The Perfect Man by allen finkelstein ( With membership, you can see # of pageviews)

Should Healthcare Be a Commodity? Depends on Whether You Actually Want Healthcare by Thomas Knapp ( With membership, you can see # of pageviews)

Farewell to Rite Aid a Longtime Neighborhood Friend by Mark Lansvin ( With membership, you can see # of pageviews)

Social Security: Instead of Robbing the "Gabillionaires," Stop Fleecing the "Regular Workers" by Thomas Knapp ( With membership, you can see # of pageviews)

Positive Visions of the Future by Blair Gelbond ( With membership, you can see # of pageviews)

Trump "is playing silly games with the serious, cherished beliefs of millions of Americans." by Lance Moore ( With membership, you can see # of pageviews)

Devo and Their Dream Whippings (film review) by John Hawkins ( With membership, you can see # of pageviews)

The chasm between TB and HIV continues by Citizen News Service - CNS ( With membership, you can see # of pageviews)

And So, This Is What? by Dr. Lenore Daniels ( With membership, you can see # of pageviews)

IMAGINING OUR FUTURE: PERILS AND PROMISE Story 1: The Global Brain Is Waking Up by Blair Gelbond ( With membership, you can see # of pageviews)

Go To Top 50 Most Popular

Ad info: click here

opednews.com

Classics of Liberal Thinking

Progressive Radio Links