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Fed says worst of recession over The Federal Reserve says the US economy has come out of the worst of the recession, as it keeps interest rates on hold. BBCFed says economy is leveling out WASHINGTON (Reuters) - The Federal Reserve said on Wednesday the U.S. economy was showing signs of leveling out two years after the onset of the deepest financial crisis in decades and it moved to phase out one emergency measure. ReutersFed says economy leveling out WASHINGTON (Reuters) - The U.S. Federal Reserve said on Wednesday the economy was showing signs of leveling out two years after the onset of the deepest financial crisis in decades and moved to shut down one emergency measure. ReutersStocks Keep Up Rebound After Fed Announcement Stocks rebounded from two days of losses Wednesday after the Federal Reserve indicated that the economy was stabilizing, although high unemployment continues to weigh on consumers. Washington PostFed more hopeful on economy; holds record low rate WASHINGTON (AP) -- The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending.... The Arizona RepublicWall Street cheers Fed`s silver lining Stocks sustained gains Wednesday after the Federal Reserve held interest rates near historic lows and signaled the economy has finally started to stabilize. CNNWall Street rises after Fed says economy stabilizing NEW YORK (Reuters) - U.S. stocks powered higher on Wednesday as the Federal Reserve said it saw signs of a more stable economy. ReutersFed Holds Interest Rate Steady At Record Low The Federal Reserve Board's Open Market Committee said Wednesday that it will not raise interest rates. The Fed plans to keep interest rates exceptionally low 'for an extended period of time' to help the recovery. But the statement also said the central bankers are encouraged by the stronger economic outlook. 'Conditions in financial markets have improved further in recent weeks,' it said. 'Household spending has continued to show signs of stabilizing but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit.' NPRFed says economy leveling out; rates stay at lows The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program and indicating the recession appears to be ending. The central bank also held interest rates steady at record lows, with... SF GateStocks Keep Gains After Federal Reserve Announcement Stocks continued to rise Wednesday after the Federal Reserve indicated that the economy was stabilizing, though high unemployment continues to weigh on consumers. Washington Post1 2 3 4 5 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]