-
By Joshua Zumbrun and Jeff Kearns, Bloomberg |
May 2, 2013
The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.
-
By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
-
By Steve Matthews and Caroline Salas Gage, Bloomberg |
January 30, 2013
Since Federal Reserve Chairman Ben S. Bernanke in September began a third round of asset purchases aimed at lowering interest rates and spurring growth, bond yields have climbed. The trend may signal that his program is working.
-
By Joshua Zumbrun, Jeff Kearns and Catarina Saraiva, Bloomberg |
January 29, 2013
Federal Reserve Chairman Ben S. Bernanke’s latest round of bond buying will reach $1.14 trillion before he ends the program in the first quarter of 2014, according to median estimates in a Bloomberg survey of economists.
-
By Jeff Kearns and Joshua Zumbrun, Bloomberg |
October 1, 2012
Federal Reserve Chairman Ben S. Bernanke renewed a pledge to sustain record stimulus even after the U.S. expansion gains strength, while saying policy makers don’t expect the economy to remain weak through 2015.
-
By Leo Melamed |
August 9, 2012
CME Group Chairman Emeritus Leo Melamed recounts how Milton Friedman's endorsement paved the way for currency futures. With Milton's paper in hand, Melamed learned the power of a name.
-
By Kathleen Hays and Jeff Kearns, Bloomberg |
July 9, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. may already be close to maximum employment from a monetary policy standpoint and that policy makers can’t do much more to cut the jobless rate.
-
By Daniel Kruger and David Goodman, Bloomberg |
June 11, 2012
Treasuries pared a decline on speculation a bailout of Spanish banks will provide only a short-term solution the region’s sovereign-debt crisis now in its third year.
-
By Joshua Zumbrun and Jeff Kearns, Bloomberg |
June 7, 2012
Federal Reserve Chairman Ben S. Bernanke said the economy is at risk from Europe’s debt crisis and the prospect of fiscal tightening in the U.S., while refraining from discussing steps the central bank might take to protect the expansion.
-
By Joshua Zumbrun and Aki Ito, Bloomberg |
April 5, 2012
Four Federal Reserve regional bank presidents who vote on monetary policy this year see less of a need for the Fed to spur the economy with new accommodation.