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Federal Reserve officials and economic advisers are debating far-reaching differences on whether to accept a jobless rate that doesn’t fall much below 6.5 percent or act more aggressively to reduce it to 5 percent or less. David Horowitz says ...
May 23, 2012 at 15:52 | Source: Businessweek
WASHINGTON -(Dow Jones)- Federal Reserve officials noted "further improvement in economic activity" and expected growth would continue at a "moderate pace," but expressed concern over global financial risks and uncertainty over the U.S. budget ...
May 22, 2012 at 18:09 | Source: NASDAQ
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.
May 16, 2012 at 17:40 | Source: Bloomberg
There is only one case that I am aware of in which a director of the New York Fed went to prison for such a violation – Robert A. Rough was indicted in December 1988 on charges that he leaked sensitive interest rate information to a brokerage firm.
May 24, 2012 at 17:59 | Source: New York Times Blogs
"I've been banging my head against the wall," said Stanley in Stamford, Connecticut, a former researcher at the Federal Reserve Bank of Richmond, who had predicted an interest- rate increase as early as last year and now says the Fed probably ...
May 21, 2012 at 16:37 | Source: Yahoo Finance
In a statement after that meeting, Fed officials repeated their plan to keep a key short-term interest rate at a record low until at least late 2014. The action was approved on a 9-1 vote. Jeffrey Lacker, president of the Federal Reserve Bank of ...
May 16, 2012 at 19:35 | Source: Los Angeles Times
Most other inflation measures that the Fed watches (including core PCE inflation and the 5yr-5yr breakeven inflation rate) have signaled that inflation expectations are still anchored and underlying inflation pressure is modest. The downshift comes in the ...
May 25, 2012 at 16:46 | Source: Reuters Blogs
Gold and silver soars and oil sinks in what can be best described as a quantitative easing conundrum. Many people were confused how gold might rally after briefly dipping in bear market territory after the dollar rallied for a record 14 days.
May 18, 2012 at 15:43 | Source: Futures Magazine
It is hard to be very concerned about inflation risks when the growth rate of labor compensation is so low and stable, he added. Earlier on Thursday, Dudley said he did not think the Fed's bond-buying program, commonly known as quantitative ...
May 24, 2012 at 16:33 | Source: Marketwatch
The Fed pushed down its target interest rate close to zero in December 2008 and has engaged in two rounds of asset purchases totaling $2.3 trillion to boost the economy. Bullard, 51, joined the St. Louis Fed’s research department in 1990 and ...
May 17, 2012 at 15:59 | Source: Moneynews (blog)