Fed signals more aid as rate kept near zero
The Fed and Chairman Bernanke pledged unconventional measures to combat a worsening crisis. The central bank aims to flood credit, keep the federal funds rate at near zero, and support growth while noting deteriorating labor, consumer spending, business investment and industrial output since October. Wells Fargo trims prime rate to 3.25 percent as banks likely follow suit.
MENTIONED IN THIS ARTICLE
Fed
Federal Reserve
Ben Bernanke
Wells Fargo and Co
Wells Fargo
Central Bank
Bernanke
Community Christmas Tree aids 700 children in two Virginias
Colley notes yearly goal to help every region child at Christmas with gifts and meals. Delores French of French's Army reports more families in need this year as 700+ children are registered for gifts, toys, a book and gloves at a Dec 23 Bluefield City Auditorium party.
MENTIONED IN THIS ARTICLE
Colley
Two
Virginias
Delores French
Ieed
Bluefield City Auditorium
Community Christmas Tree Fund
Bluefield Daily Telegraph
c/o
Community Christmas Tree
Bluefield
W.va
Daily Telegraph
Bluefield Avenue
Community
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