The AP has just released the following report. If it is true, it raises one important economic question - how $50 billion in Treasury assets can cover $3 trillion in new liabilities, and is the US...
I've been very skeptical about the financial and very much have believed that we are in the early innings of the real estate / credit-induced mess. But, now Bernanke and Paulson have a Resolution...
Speaking at the Kansas City Fed Bank's two-day conference on financial stability in Jackson Hole, Wyoming, Fed Chairman Ben Bernanke said the Fed will raise rates if needed to contain inflation.
The fall of the dollar below $1.60 is highly disturbing, but can be tied to the BBC's airing of depositors fighting on lines outside of Indymac branches.
Fed Chairman Ben Bernanke in a speech to the Senate Banking Committee said he does not believe the US will suffer another bout of 70s style deflation. In his view, the commodity prices increases...
Bernanke's going to cut rates further. The economy is weakening and he wants to avoid a recession. Good idea. But inflation is still on the rise. Tough situation - stagflation.
The headline in the financial futures market these days says Federal Reserve Chairman Ben S. Bernanke is withholding some vital information: The economy is so bad the central bank will have to...
Bernanke testified before Congress that economic growth will slow. He doesn't plan to raise interest rates though, because he can't. We see to be entering a period of stagflation and raising...
All of the discussion centers around whether the Fed will ease by twenty five or fifty basis points. Some few brave souls ponder whether Bernanke might leave things as they are. I have yet to...
Market watches think the Fed is most likely going to cut rates despite reports of a second straight quarter of growth. The economy is doing pretty well despite the mortgage blow-up.
Wall Street...
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