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The Fed has been slowly lowering the fed funds rate since it started controlling it back in 1982. Basic economics says that the power of a central bank depends largely on how they control interest rates. Following this logic, we can see that the Fed has been slowly loosing its power to provide liquidity relative to previous recessions.
By Mohammed Abbas MANAMA (Reuters) - Islamic banks have been largely shielded from the U.S. mortgage crisis, which may even open doors for expansion beyond traditional strongholds in Arab and Asian markets, Bahrain's central bank governor...
The European Central Bank has an important decision to make this week, as it contemplates 3.2% Euro zone inflation and global economic softening.... read on
Indonesia's powerful anti-corruption commission has named the central bank governor and two senior subordinates as official suspects in an investigation into alleged bribing of legislators to facilitate an amendment
California has a central archive accessible on the Internet to determine if you have refunds that are unclaimed; such as insurance, bank accounts, etc.