The Federal Reserve announced today at 2:18 PM that they would cut the key funds rate by .75% to 2.25% which was less than expected....

Vice Chairman Donald L Kohn spoke today at the University of North Carolina at Wilmington about the US economy and Monetary Policy....

 Randall Kroszner spoke today at the Global Association of Risk Management Professional's annual risk convention in New York....

Govenor Frederic Mishkin spoke today at the East Carolina University about inflation and our economy....

As troubled bond insurers like MBIA and Ambac fight to maintain their triple-A ratings, officials at these firms are pondering how their businesses might look if they do indeed get downgraded....