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By Steven K. Beckner |
December 20, 2012
The Federal Reserve rang out the old year with fireworks, but the New Year could be just as explosive. December FOMC meetings have traditionally been rather staid affairs, but not this past one.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
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By Daniel P. Collins, Michael McFarlin |
December 12, 2012
Andrew Wilkinson, chief economic strategist for Miller Tabak & Co., calls the Federal Reserve’s statement following the December Federal Open Market Committee (FOMC) meeting “something of a surprise.”
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By Press Release |
December 12, 2012
The Federal Reserve set an unemployment target of 6.5% and pledged to continue buying longer-term Treasuries to "maintain downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative."
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By Susanne Walker and Cordell Eddings, Bloomberg |
December 11, 2012
Treasuries fell, pushing 10-year yields to a two-week high, as investors sought higher-yielding assets and the Federal Open Market Committee began a two-day meeting amid forecasts it will decide to buy more bonds to spur the economy.
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By Craig Torres and Josh Zumbrun, Bloomberg |
December 7, 2012
A decision by the Federal Reserve to expand its bond buying next week is likely to prompt policy makers to rewrite their 18-month-old blueprint for an exit from record monetary stimulus.
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By Shobhana Chandra, Bloomberg |
November 29, 2012
The economy in the U.S. expanded more than previously estimated in the third quarter as a narrower trade deficit and gains in inventory overshadowed a smaller gain in consumer spending.
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By Rita Nazareth and Adria Cimino, Bloomberg |
November 20, 2012
The Standard & Poor’s 500 Index fell, after yesterday’s rally, as Hewlett-Packard Co. tumbled and Federal Reserve Chairman Ben S. Bernanke said the central bank’s ability to offset headwinds is “not infinite.”
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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 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.
