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Head of Eurogroup: eurozone finance ministers to meet Thursday to discuss Greece bailout

admin — Wed, 08 Feb 2012 19:00:08 +0000

Head of Eurogroup: eurozone finance ministers to meet Thursday to discuss Greece bailout.

If The Federal Reserve Is Abolished, What Then?

admin — Wed, 08 Feb 2012 19:00:08 +0000

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

admin — Wed, 08 Feb 2012 19:00:06 +0000

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 …

Bernanke tries to keep Fed out of politics

admin — Tue, 07 Feb 2012 19:00:09 +0000

Bernanke tries to keep Fed out of politics

Bernanke sticks with low-rate policy at hearing

admin — Tue, 07 Feb 2012 19:00:09 +0000

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

admin — Tue, 07 Feb 2012 19:00:09 +0000

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

admin — Tue, 07 Feb 2012 19:00:07 +0000

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

admin — Tue, 07 Feb 2012 19:00:06 +0000

Small business lending fund will profit taxpayers – Treasury

Fed should raise rates in 2013, Bullard says

admin — Mon, 06 Feb 2012 19:00:07 +0000

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

admin — Mon, 06 Feb 2012 19:00:06 +0000

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 …