Tag: Federal Reserve

• Saturday, September 1st 2012 - 06:33 UTC

  Bernanke’s speech sparks enthusiasm but also neutralizes expectations

  

  Federal Reserve Chairman Ben Bernanke said on Friday progress in bringing down US unemployment was too slow and the central bank would act as needed to strengthen the economic recovery.

• Thursday, August 16th 2012 - 01:44 UTC

  US consumer prices in 12 months to July reach 1.4%, down from June’s 1.7%

  

  US consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010. In the 12 months to July the CPI rose 1.4%, slowing from June's 1.7% rise, the US Labour Department said on Wednesday.

• Monday, August 6th 2012 - 22:14 UTC

  Bernanke appeals to the Himalayas to help explain current economic duress

  

  Federal Reserve Chairman Ben Bernanke said that although broad measurements of the United States economy point to recovery, many people and businesses are facing tough times.

• Tuesday, July 17th 2012 - 20:13 UTC

  Bernanke concerned with US economy but with no clues about what steps to follow

  

  Federal Reserve Chairman Ben Bernanke on Tuesday offered few new clues on whether the US central bank was moving closer to a fresh round of monetary stimulus, even as he underscored his concerns over the economy's weakness.

• Thursday, July 12th 2012 - 06:54 UTC

  US Fed divided as to when decide on a new round of asset purchases

  

  The US Federal Reserve officials are open to the possibility of a new round of asset purchases, though the US economy may need to get weaker before any further action is taken.

• Thursday, June 7th 2012 - 06:16 UTC

  “Modest increase” assessment on the US economy from the Federal Reserve

  

  Economic growth in the United States picked up over the last two months and hiring showed signs of a “modest increase,” the Federal Reserve said in a report that ran counter to a growing sense of economic gloom.

• Thursday, April 26th 2012 - 05:45 UTC

  Fed prepared to inject more funds to help lower unemployment

  

  Chairman Ben Bernanke on Wednesday said US monetary policy was “more or less in the right place” even though the central bank would not hesitate to launch another round of bond purchases if the economy were to weaken.

• Wednesday, April 25th 2012 - 20:34 UTC

  Fed repeated promise to leave interest rates on hold until late 2014

  

  The US Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.

• Tuesday, March 27th 2012 - 12:17 UTC

  Global stocks rally as Fed confirms easy monetary policy to fight unemployment

  

  Global stocks rallied on Monday while the dollar retreated after Federal Reserve Chairman Ben Bernanke said that in order to reduce unemployment, easy monetary policy should stay in place. The benchmark S&P 500 index closed at its highest level since May 2008.

• Thursday, March 15th 2012 - 00:23 UTC

  All but four of US main banks pass ‘strain test’; Citi among the failed

  

  All but four of 19 major United States banks got a green light yesterday to boost dividends and buy back shares after the Federal Reserve declared them strong enough to survive another serious recession.