OK by me – Fed keep rates low What this means is it isn’t going to get better around here anytime soon. " “Fed says it is unlikely to raise key interest rate until late 2014, extending timeframe The...
a·me·lio·rate/əˈmēlyəˌrāt/ Verb: Make (something bad or unsatisfactory) better. mit·i·gate/ˈmitəˌgāt/Verb 1. Make less severe, serious, or painful: "he wanted to mitigate misery in the world". 2. Lessen the gravity of (an offense or mistake). These are the...
US economy surprize the analyst by reflecting 1.6% growth in GDP ,earlier analyst were expacting less than 1.5% as per revised status.Markets were poised for selloff however the GDP no is going to give upmove to...
It's possible this man wondered into a meth lab or a field of marijiuana and was murdered. To hang this man from a tree is so barbaric. Lets hope these creeps are found and put away for a henious crime, a school...
Federal Reserve policymakers ended their two-day meeting of the Federal Open Markets Committee (FOMC) and issued a statement in Washington. It has decided to keep its benchmark interest rates unchanged between 0% and 0.25%, slow down its $300-billion U.S. Treasuries program,...
Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...
"Year after year in Congress, Rep. Ron Paul [R, TX-14] has introduced a bill to abolish the Fed (H.R. 833). Though the bill has a dedicated network of citizen supporters – see the End the Fed network – it has...
"If you think your government is run by elected officials, you best think again. Five US banks have been holding a gun to the head of every elected official in the federal government and every US citizen since this credit crisis began. It’s a gun loaded with $200...
In a prepared statement to the American Bankers Association (ABA), Federal Reserve Governor Elizabeth Duke called on banks to act more responsibly to prevent another bank-related crisis in the future and to take...
created by cassy82 | 2 years ago 76 views | 0 recommendations | 0 comments
Food stamps are the symbol of poverty in the U.S. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis.
We knew things were bad on Wall Street, but on Main Street...
opinion by agora | 3 years ago 306 views | 11 recommendations | 2 comments
After failing to bring momentum in the economy despite several interest rate cuts and slew of other economic stimulus measures, the US central bank heralded further unconventional measures to support the...
created by Sanjay Jha | 3 years ago | updated 3 years ago 205 views | 7 recommendations | 4 comments