Ben Bernanke and made an open-ended commitment yesterday to purchase mortgage-backed securities at a rate of $40 billion per …
monetary policy
Will Ben Bernanke Pull the Trigger on More Bond Buying?
The Federal Reserve’s monetary policy brain trust – the Federal Open Market Committee (FOMC) — meets again today, and after a month of disappointing economic news following June’s meeting, the financial world is eagerly …
Why the Fed’s Latest Interest-Rate Strategy Won’t Have Much Effect
Sterilized bond buying could help lower interest rates and boost the economy a bit without adding to inflation, but don’t expect a major impact.
How the U.S. Could Pressure North Korea Tomorrow: Quit the $100 Bill
U.S. negotiators are heading into a second day of what have been dubbed “serious and substantial” talks with North Korean officials. Yet amid all the discussion of how the U.S. will attempt to work with Kim Jong Un, there has …
Is the U.S. Economy Worse Off than Europe’s?
The U.S. economy is still only muddling through, according to revised GDP numbers out by the Commerce Department. That’s bad news. But more disturbing is the accompanying dollar slump against the euro, and what it says about perceptions of our economy versus Europe’s.
The Commerce Department’s revised report on first quarter GDP …
