iEconomicNews

Fed May Prefer Another Twist to Adding Assets

admin — Fri, 18 May 2012 12:00:05 +0000

Federal Reserve policy makers mayfind another round of Operation Twist is preferable to anoutright asset-purchase program should the economy show furthersigns of weakness or if risks increase. Chairman …

Profiles of the 2 nominees to Fed board

admin — Fri, 18 May 2012 00:00:10 +0000

Profiles of President Barack Obama’s two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.JEREMY STEINBorn: Oct. 17, 1960Education: Graduated from Princeton …

Geithner questions regional Fed boards’ structure

admin — Fri, 18 May 2012 00:00:09 +0000

Treasury Secretary Timothy Geithner said on Thursday that changes were needed in the way regional Federal Reserve banks’ boards are set up to avoid any hint that Wall Street might have undue influence …

Ten-year Treasury rate sinks near all-time low

admin — Fri, 18 May 2012 00:00:08 +0000

A benchmark Treasury yield neared an all-time low Thursday as worries over Europe and a weak report on the U.S. economy send traders into the safety of U.S. government bonds.At the end of the regular trading …

Senate expected to confirm two Fed nominees

admin — Thu, 17 May 2012 12:00:06 +0000

The Senate has removed procedural hurdles ahead of the anticipated confirmation on Thursday of President Barack Obama’s two stalled nominees to the Federal Reserve Board. A Democratic congressional aide …

Officials urge fuller Fed policy reports

admin — Thu, 17 May 2012 00:00:07 +0000

The Federal Reserve, which has taken already taken extraordinary steps in the past couple of years to provide greater transparency, is considering a range of ways to sharpen its communication on the possible …

Fed: Several members could support further easing

admin — Thu, 17 May 2012 00:00:06 +0000

Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.Minutes of the central bank’s April 24-25 meeting released Wednesday stated …

Fed officials keep door open on easing, eye risks

admin — Thu, 17 May 2012 00:00:04 +0000

Several Federal Reserve policymakers last month thought the U.S. central bank might need to do more to support the economy if the recovery stumbles, but there was almost no support for extending its “Operation …

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

admin — Wed, 16 May 2012 12:00:08 +0000

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally

admin — Wed, 16 May 2012 12:00:07 +0000

Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally