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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

Displaying items 1-5
  • 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.
  • 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...

    Adam Schiff to face six contenders in primary election

    Adam Schiff to face six contenders in primary election
    Rep. Adam Schiff (D-Burbank) is facing six opponents to represent the redrawn 28th Congressional District, but they will have to overcome incredible odds and funding disadvantages to mount a serious challenge to the long-time congressman. Schiff raised...

    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...