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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles see all

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  • Glendale's investment portfolio continues to slide amid low interest rates

    Glendale’s investment portfolio ended the fiscal year in June at $393 million, down $16 million from the same period last year, according to a city report released this week.
  • Glendale Water & Power could face rating dip

    Glendale Water & Power could face rating dip
    Several bond-rating agencies this week warned that without an increase in electric rates this year, Glendale Water & Power could face a downgrade due to its weak financial performance. The warnings come weeks before a City Council election in which three...

    Low interest rates take their toll on Glendale's investment portfolio

    Halfway into the fiscal year and things look grim for gains in Glendale’s investment portfolio. “Where I thought that the bottom was last year, let’s just say that these certainly are challenging times,” said City Treasurer Ron...

    City portfolio dips again

    CITY HALL — With interest rates remaining at historic lows, Glendale's municipal investment portfolio earned nearly $4 million less than last year, according to the city treasurer's year-end report. The city's portfolio generated about $8.5 million...

    City's portfolio shortchanged by low interest, weak economy

    At the beginning of the fiscal year, City Treasurer Ron Borucki had questioned the market’s ability to recover, but was hopeful that despite two-year lows, interest rates would rise. His hopes didn’t last long. “Would this third year...