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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles see all

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  • 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.
  • 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's portfolio value down $2 million

    Glendale’s investment portfolio ended the second fiscal quarter at $396 million, down $2 million from the end of the previous quarter, according to the latest report. The portfolio’s slip is driven by historically low interest rates, which...

    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...

    Ron Kaye: A spark of life in the conversation

    Born and raised in Glendale, a Boy Scout and a graduate of Flintridge Prep, Joe Briones now calls the streets of downtown Los Angeles his home. Briones, 29, a film student at L.A. City College, is homeless by choice, an organizer of the Occupy Los...