Warning!!! GLOBAL INFLATION threatened .... " Oil prices plummeted by the second-largest margin on record Tuesday as investors feared a further decline in U.S. demand after hearing comments from Federal...
The Fed may have no choice but to prop up Fannie Mae and Freddie Mac, but the same can't be said for the big investment banks, which seem to me to be little more than glorified gambling houses. The Fed continuing to extend credit to here is kind of like the house giving a...
Your friends and my friends at the U.S. Federal reserve are going to make sure crocked house lending practices get corrected....The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response...
" Then Bernanke will have to eat his words and dine on his own credibility and cut interest rates in response. That is perhaps why he has left interest rates at two per cent, and not gone for one per cent straight away. He is keeping some ammunition for the next stage of...
Federal Reserve Chairman Ben Bernanke signaled he is finished cutting interest rates for now and has turned his attention to concerns about inflation in the world’s foreign exchange markets in the wake of the U.S. dollar’s 16 percent decline against the Euro over the past...
Amidst the soaring fuel prices and tumbling stock market US Economy may not run the risk of a steep downturn. Fed chief has exuded confidence of a revival.
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The US economy may have avoided a major decline, US Federal Reserve Chairman Ben Bernanke has said.
Mr...
highlighted by Sanjay Jha | 6 wks ago | updated 6 wks ago 159 views | 1 comment
"Fed chairman Ben Bernanke talked up the dollar a couple of pips yesterday. But beware a false sense of security. The bullish crowd from Wall Street would have us believe the dollar’s fall is over and that stabilization at two per cent interest rates will spark a rally...
"Fed chairman Ben Bernanke talked up the dollar a couple of pips yesterday. But beware a false sense of security. The bullish crowd from Wall Street would have us believe the dollar’s fall is over and that stabilization at two per cent interest rates will spark a rally...
The International Institute of Nonviolence By: Rev. Jermano No matter how many people want to knock Hillary; she is right that Paulson and Bernanke's supported Bush plan is bunch of hot air, when in fact...
"(CBS/AP) The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy.The...
" Bernanke offers bleak view on U.S. economy By Michael M. Grynbaum Published: April 2, 2008 "Ben Bernanke, the chairman of the Federal Reserve, presented hisbleakest assessment yet of the economy on Wednesday...
"While New York Governor Eliot Spitzer was paying an "escort" $4,300 in a hotel room in Washington, just down the road, George Bush's new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over $200...
More mortgage reforms, but many will argue this is too little too late. "With foreclosures escalating at a record pace nationally, and several Chicago-area counties showing significant increases, Treasury Secretary Henry Paulson on Thursday pointed a finger at the...
Today the Fed Chairman offered a novel approach to resolving the credit crisis in the mortgage sector:
"Federal Reserve Chairman Ben Bernanke called Tuesday for additional action to prevent more distressed...
highlighted by azer | 20 wks ago | updated 20 wks ago 439 views | 0 comments
NowPublicans with money in US banks need to read this article by Mike Whitney, who has been bang on in his predictions about the state of the US economy over the last year."On January 14, 2008 the FDIC web site began...