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Federal reserve bank boston News

US Study concludes the poor subsidize rich credit card users

Boston - A study published by the Federal Reserve Bank of Boston is recommending that American businesses reduce merchant fees and card rewards to rectify an imbalance that has the poor subsidizing the credit card use of the rich.
In the Media by Stephanie Dearing - 15 comments
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The US Federal Reserve says it will publish regular interest rate forecasts in an effort to improve transparency at the central bank.
US stocks finish higher after Federal Reserve chairman Ben Bernanke hints the US central bank will keep in place its supportive monetary policy.

U.S. Federal Reserve Chairman Ben Bernanke said Thursday that many American businesses and consumers are finding it easier to borrow as banks shore up their balance sheets.


The U.S. Federal Reserve said Tuesday four major American banks failed to show they have enough capital to survive another serious downturn. The list includes Citigroup, the nation's third-largest bank.

While the Federal Reserve anticipates maintaing the federal funds rate, the rate at which banks lend to each other overnight, at zero to 1/4 percent through 2014, lending rates may be helpfully low, but savers are left with little interest.
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Interview with Gregory Lamberson, author of "Carnage Road"

About Gregory Lamberson Gregory Lamberson is the author of five published horror novels and one nonfiction book on...
21 hours ago by Tracee Gleichner

Mass death of honeybees causing alarm & protests around the world

NBC investigates the collapse of honeybee colonies and how the declining numbers threaten a majority of plants that...

Looks Like Lebron and Wade Don't Need Bosh

So it looks like the Miami Heat, faced with the adversity of losing their star power forward Chris Bosh, will be able...
May 23, 2012 by Bill Akleh

Ron Paul Will Not Quit On America

Don't tell Ron Paul and his supporters that the race for the GOP presidential nomination is over. They put...
May 21, 2012 by Online Phenom - 1 comment

Votes, voting machines fraud have shocked American's calling for Justice!

Electronic machines are democracy's worst enemy, leaving Americans believing their vote counts in the chosen leader of...
May 21, 2012 in  American Politics by Mindy Allan
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