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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
September 12, 2012
The Federal Reserve is likely to announce a third round of bond purchases tomorrow, according to almost two-thirds of economists in a Bloomberg survey, while also extending the duration of its zero-interest-rate policy into 2015.
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By Steve Matthews and Sara Eisen, Bloomberg |
August 31, 2012
Federal Reserve Bank of St. Louis President James Bullard said policy makers should wait for more data before deciding on “big action” to boost the economy.
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By Jeff Kearns, Bloomberg |
August 29, 2012
The Federal Reserve said the U.S. economy continued to expand “gradually” in July and early August as improvement in housing and retail sales helped outweigh weakness in manufacturing.
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By Steve Matthews and Eleni Himaras, Bloomberg |
August 27, 2012
Federal Reserve Bank of Chicago President Charles Evans urged the central bank to begin a third round of bond purchases and to persist with the buying until U.S. unemployment declines for at least six months.
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By Austin Kiddle |
August 24, 2012
With the momentum turning positive for gold, and the 14-day RSI breaching 70, some technical analysts worry that prices may dip.
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By Inyoung Hwang, Bloomberg |
August 23, 2012
U.S. stocks fell, as the Standard & Poor’s 500 Index headed toward its first weekly decline in almost two months, amid concern European leaders aren’t making progress in solving the region’s debt crisis.
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By Steve Matthews, Bloomberg |
August 23, 2012
Federal Reserve Bank of St. Louis President James Bullard said recent signs of improvement in the economy would prompt him to oppose any new program by the Fed to buy bonds to reduce borrowing costs.
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By John Detrixhe and Emma Charlton, Bloomberg |
August 23, 2012
The dollar fell to the weakest level against the euro in almost seven weeks as jobless claims rose last week to a one-month high, increasing speculation that the Federal Reserve will seek to stimulate economic growth.
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By Joshua Zumbrun and Craig Torres, Bloomberg |
July 17, 2012
Federal Reserve Chairman Ben S. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow” and repeated the Fed is ready to take further action to boost the recovery, while refraining from discussing specific steps.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
July 11, 2012
A few Federal Reserve policy makers said the central bank will probably need to take further action to boost the labor market and meet its inflation target, according to minutes of their June meeting.
