The Fed noted that the economy is recovering and reduced its purchases of mortgages
Projects Fed Bonus divide observers
"The dollar is the main funding currency for carry trades to the yen
The Federal Reserve yesterday proposed new rules on credit cards, putting into practice the hardening voted last May by the Congress. The new law prohibits banks from raising their rates within one year after the granting of a debit card. It also limits their ability to equip children under 21 years and charge fees.
Projects Fed Bonus divide observers
"The dollar is the main funding currency for carry trades to the yen
The Federal Reserve yesterday proposed new rules on credit cards, putting into practice the hardening voted last May by the Congress. The new law prohibits banks from raising their rates within one year after the granting of a debit card. It also limits their ability to equip children under 21 years and charge fees.
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