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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 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 Craig Torres and Steve Matthews, Bloomberg |
July 9, 2012
Federal Reserve officials are discussing whether to start a quarterly monetary policy report to provide a clearer guide to their economic outlook and the likely course for policy.
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By Steven K. Beckner |
June 22, 2012
Nearly five years after entering a kind of monetary wilderness, there remains no obvious way out for the Federal Reserve. Indeed, at times, the Fed seems to be stumbling deeper into the jungle.
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By Caroline Salas Gage and Craig Torres, Bloomberg |
June 22, 2012
Federal Reserve Chairman Ben S. Bernanke has repeatedly warned lawmakers that a fiscal cliff threatens the economy. Now he’s created a precipice of his own.
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By Caroline Fairchild and Caroline Salas Gage, Bloomberg |
June 22, 2012
Federal Reserve Bank of St. Louis President James Bullard said today a possible third round of quantitative easing would face a “pretty high hurdle.”
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By Jeff Kearns and Aki Ito, Bloomberg |
June 14, 2012
Chairman Ben S. Bernanke told lawmakers last week the “central question” confronting the Federal Reserve at its next meeting is whether growth is fast enough to make “material progress” reducing unemployment.
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By Steve Matthews, Bloomberg |
June 11, 2012
Federal Reserve Bank of Atlanta President Dennis Lockhart said recent U.S. economic reports, including weakness in the labor market, indicate the recovery may be losing momentum after last year’s fourth quarter.
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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.