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By Joshua Zumbrun and Caroline Salas Gage, Bloomberg News |
November 20, 2012
Federal Reserve Chairman Ben S. Bernanke said that an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth.
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By Steve Matthews and Caroline Salas Gage, Bloomberg |
November 20, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposes a proposal to tie central bank stimulus to the U.S. unemployment rate because such a move may spur inflation.
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By Steve Matthews, Bloomberg |
November 15, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposes additional purchases of securities by the central bank because they will complicate an eventual exit from record stimulus and risk a surge in inflation.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
November 14, 2012
A number of Federal Reserve officials said the central bank may need to expand its monthly purchases of bonds next year after the expiration of Operation Twist, according to minutes of their last meeting.
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By Press Release |
November 2, 2012
Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent.
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By Carlos Torres, Bloomberg |
October 30, 2012
The Labor Department is striving to issue its monthly report on employment in the U.S. in three days as scheduled, a spokesman said today.
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By Shobhana Chandra, Bloomberg |
October 26, 2012
The economy in the U.S. expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction.
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By Phil Flynn |
October 25, 2012
U.S. 2012 coal exports, supported by rising steam coal exports, are expected to break their previous record level of almost 113 million tons, set in 1981.
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By Allison Bennett, Bloomberg |
October 24, 2012
The dollar gained versus the euro as the Federal Reserve maintained asset-purchase programs without suggesting it’s closer to boosting stimulus, reducing concern additional measures will debase the currency.
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By Press Release |
October 24, 2012
The Federal Reserve opted to maintain its QE3 program despite indications that inflation has risen slightly.