As Economy Slows, Fed May Be Shifting Monetary Policy
A subtle but significant shift appears to be occurring within the Federal Reserve over the course of monetary policy as the economic recovery is weakening. The New York Times explains. Click here to read the full story
Read more..Fed Official Bullard Sees Revival of Crisis-Era Program
A Federal Reserve official says the central bank should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation. Click here to read the full story
Read more..Fear Cheap Money, Not Double Dip: Morgan Stanley
Fears over a double-dip recession for the global economy are waning, but investors should be more worried about ultra-loose policy from the Federal Reserve, according to Joachim Fels, the co-head of economics at Morgan Stanley. Click here to read the full story
Read more..Wall St falls on tech outlook worries
NEW YORK (Reuters) - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy. Click here to read the full story
Read more..Beige Book: Some US Districts See Economic Growth Slowing
The pace of economic activity has slowed in some parts of the country, but held steady in others, revealing a choppy path back to health, the Federal Reserve said on Wednesday. Click here to read the full story
Read more..Fed Will Intervene if Hiring Does Not Improve: Bernanke
The Federal Reserve will try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said Thursday, offering his clearest blueprint yet for possible additional monetary easing. Click here to read the full story
Read more..NZ dollar falls
The New Zealand dollar fell out of favour with investors today after Federal Reserve chairman Ben Bernanke expressed concern about the United States economy, but managed to rally off lows late in the session.Mr Bernanke, in testimony… Click here to read the full story
Read more..NZ dollar falls
The New Zealand dollar fell out of favour with investors today after Federal Reserve chairman Ben Bernanke expressed concern about the United States economy, but managed to rally off lows late in the session.Mr Bernanke, in testimony… Click here to read the full story
Read more..NZ sharemarket declines
The New Zealand sharemarket fell today after stocks in the United States were hit by a dour assessment of the US recovery from Federal Reserve chairman Ben Bernanke.Mr Bernanke acknowledged the US labour market’s continued weakness… Click here to read the full story
Read more..Wall Street flat ahead of Bernanke testimony (Reuters)
Stocks were little changed on Wednesday as uncertainty over what Federal Reserve Chairman Ben Bernanke would tell a Senate committee blunted optimism after a stream of solid earnings. Click here to read the full story
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