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LIBOR: Frequently Asked Questions

Description: This report answers frequently asked questions about the London Interbank Offer Rate (LIBOR), which is an estimate of prevailing interest rates in London money market. In particular, it addresses the effects of individual institutions, in response to an admission by Barclays (a British bank) that the bank had submitted false reports to manipulate the index.
Date: July 16, 2012
Creator: Murphy, Edward V.
Item Type: Report
Partner: UNT Libraries Government Documents Department

High Interest Rates: Causes, Consequences, and Issues

Description: This paper reviews the causes of the steep interest rate escalation since 1978 and the persistence of high rates during the recent recession and revival.
Date: January 30, 1984
Creator: Dernburg, Thomas F
Item Type: Report
Partner: UNT Libraries Government Documents Department

Negative Interest Rates

Description: In a few foreign economies, including the euro area, Switzerland, and Japan, central banks have purposely set some short-term interest rates used to carry out monetary policy at negative levels. This report briefly discusses the reasons behind this phenomenon.
Date: April 20, 2016
Creator: Labonte, Marc
Item Type: Report
Partner: UNT Libraries Government Documents Department

The Pattern of Interest Rates: Does it Signal an Impending Recession?

Description: The cyclical behavior of the economy is of great interest to Congress, yet the onset of an economic downturn is seldom recognized promptly. Policymakers frequently search for reliable recession predictors. The behavior of interest rates may provide advanced warning of an impending downturn. The easing of monetary policy in evidence since September 2007 is consistent with efforts to forestall or minimize an economic downturn. Economic growth has been low since the last quarter of 2007, and some forecasters are now predicting a recession in 2008.
Date: May 5, 2008
Creator: Labonte, Marc & Makinen, Gail
Item Type: Report
Partner: UNT Libraries Government Documents Department

Federal Reserve Interest Rate Changes: 2001-2008

Description: The Federal Open Market Committee (FOMC) decided at its scheduled meeting held on October 29 to lower the target rate for federal funds to 1% from 1½% set at its unscheduled meeting of October 8, 2008. In making its decision to reduce the target, the FOMC stressed the following factors: (1) the pace of economic growth appears to have slowed markedly owing importantly to a softening of consumer spending; (2) business equipment spending and industrial production have weakened; (3) economic slowdowns abroad have dampened the prospects for U.S. exports; (4) intensified strains in financial markets are also likely to further reduce spending; and (5) inflation prospects have improved due to declines in energy and other commodity prices. The next schedule meeting of the FOMC is set for December 11, 2008.
Date: October 29, 2008
Creator: Labonte, Marc & Makinen, Gail E.
Item Type: Report
Partner: UNT Libraries Government Documents Department

High Interest Rates: Causes and Effects

Description: This report describes the major market and policy forces that determine the general level of interest rates. The discussion is related to the recent economic experience of high interest rates and inflation, but may be generally applied to any economic environment.
Date: June 30, 1980
Creator: Leisenring, Carol
Item Type: Report
Partner: UNT Libraries Government Documents Department

Bankruptcy and Business Failure Data

Description: The purpose of this report is to provide statistical data on the actual number of businesses that are filing for bankruptcy or ceasing operations. Tabular data of both a historical and current nature concerning business failures and bankruptcies is provided.
Date: August 20, 1982
Creator: Scott, Oscar
Item Type: Report
Partner: UNT Libraries Government Documents Department

Are High Interest Rates a Threat to Sustained Economic Recovery?

Description: A major question that arises in Congress during its considerations of what policies promote and what inhibit the restoration of a healthy economy is the influence that interest rates exert. In particular, are high interest rates a threat to sustained economic recovery?
Date: June 15, 1998
Creator: Elwell, Craig K.
Item Type: Report
Partner: UNT Libraries Government Documents Department