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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 Press Release |
September 13, 2012
To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month.
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By Caroline Salas Gage |
August 9, 2012
It was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S.
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By Press Release |
August 1, 2012
In it's release following the July 31-August 1 meeting, the FOMC characterized economic growth as slowing. In response, it kept rates at historic lows, but there was no mention of QE3.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Alex Kowalski, Bloomberg |
July 6, 2012
Employers in the U.S. hired fewer workers than forecast in June, showing the labor market is making scant progress toward reducing joblessness.
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By Press Release |
June 20, 2012
Statement from Federal Open Market Committee saying it has decided to extend "Operation Twist" until the end of the year.
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By Timothy R. Homan, Bloomberg |
June 1, 2012
American employers in May added the fewest workers in a year and the unemployment rate unexpectedly increased as job-seekers re-entered the workforce, further evidence that the labor-market recovery is stalling.
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By Alex Kowalski, Bloomberg |
May 31, 2012
The U.S. economy grew more slowly in the first quarter than previously estimated, reflecting smaller gains in inventories and bigger government cutbacks.
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By Steve Matthews and Caroline Salas Gage, Bloomberg |
May 24, 2012
Federal Reserve Bank of New York President William C. Dudley said he would favor additional easing if the labor market falters or risks to growth were to rise substantially.
