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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 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 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 Andrew Rummer and Nikolaj Gammeltoft, Bloomberg |
October 16, 2012
Global stocks rose the most in a month amid better-than-forecast U.S. earnings and industrial production, while the euro and Spanish bonds gained as two German lawmakers said the country is open to Spain seeking a precautionary credit line.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 16, 2012
The euro rose above $1.30 for the first time in a week as German investor sentiment improved more than economists predicted and amid speculation that Spain is moving toward asking for financial assistance.
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By Joshua Zumbrun and Aki Ito, Bloomberg |
October 9, 2012
An unexpected drop in the jobless rate last month illustrates the hurdles faced by Federal Reserve officials seeking to link monetary policy to specific economic indicators.
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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.
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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.