February 8, 2012
Head of Eurogroup: eurozone finance ministers to meet Thursday to discuss Greece bailout
Head of Eurogroup: eurozone finance ministers to meet Thursday to discuss Greece bailout.
If The Federal Reserve Is Abolished, What Then?
Critics of the Federal Reserve won’t be satisfied until the agency is shut down for good. But abolishing the Fed only raises the bigger issue: What would-or should-be in its place?
Fed may need to buy more mortgage bonds: Williams
The U.S. central bank may need to buy more bonds to bolster a housing market whose distress is at the heart of a “frustratingly slow” economic recovery, a top Federal Reserve official said on …
February 7, 2012
Bernanke tries to keep Fed out of politics
Bernanke tries to keep Fed out of politics
Bernanke sticks with low-rate policy at hearing
Ben Bernanke on Tuesday reiterated the Federal Reserve’s plan to hold interest rates near record lows until at least late 2014.The Fed chairman stuck with the three-year time line at a Senate Budget Committee …
Wall St edges up as Greece draws up bailout terms
Stocks edged higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that is critical to the country avoiding a chaotic default. Greek officials worked on the …
Factbox: Fed officials’ comments on the economy, policy
At its January policy meeting, the Federal Reserve gave a gloomy read on the economy, said it would likely need to keep interest rates “exceptionally low” until late 2014, and signaled more easing …
Small business lending fund will profit taxpayers – Treasury
Small business lending fund will profit taxpayers – Treasury
February 6, 2012
Fed should raise rates in 2013, Bullard says
The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession …
Greeks delay bailout talks as Merkel demands action
German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country’s political leaders responded by delaying their decision …