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By Aki Ito and Joe Carroll, Bloomberg |
September 26, 2012
Federal Reserve Bank of Chicago President Charles Evans said policy makers must not be passive in the face of high U.S. unemployment, firing back at critics of the Fed’s decision this month to step up record stimulus.
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By Joshua Zumbrun, Bloomberg |
September 20, 2012
Federal Reserve Bank of Boston President Eric Rosengren said the central bank’s third round of quantitative easing will bolster the housing market and economy while helping to prevent lasting damage to the labor market.
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By Susanne Walker and Emma Charlton, Bloomberg |
September 19, 2012
Treasuries rose for a third day, the longest stretch this month, as investors sought haven on concern European Central Bank President Mario Draghi’s plan to buy government debt may fail
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By Joshua Zumbrun, Bloomberg |
September 17, 2012
Richmond Federal Reserve President Jeffrey Lacker said the third round of quantitative easing, or QE3, announced by the central bank last week probably won’t do much to repair the U.S. labor market.
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By Jon Nadler |
September 17, 2012
Now that the Fed news has been “baked” into the market equation, participants are once again focusing on the slowdown in China and the structural issues plaguing the financial side of the EU.
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By Jeff Kearns, Bloomberg |
August 3, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposed the Fed’s decision to keep the main interest rate near zero through at least late 2014 because such accommodation probably won’t be necessary.
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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 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.
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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 Steve Matthews, Bloomberg |
May 16, 2012
Federal Reserve Bank of St. Louis President James Bullard said fiscal policies are needed to reduce the 8.1 percent U.S. unemployment rate and additional asset purchases by the Fed, or quantitative easing, would risk a surge in inflation.