Tag: Federal Reserve

• 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.

• Thursday, March 1st 2012 - 04:29 UTC

  Bernanke praises Euro-zone measures, but “critical fiscal and financial challenges remain”

  

  Testifying Wednesday before the US House Committee on Financial Services, Federal Reserve Chairman Ben Bernanke said that 'critical fiscal and financial challenges remain for the Euro zone.'

• Thursday, March 1st 2012 - 04:19 UTC

  Good fourth quarter for US economy: GDP expands at 3% annual rate

  

  The US economy grew a bit faster than initially thought in the fourth quarter on slightly firmer consumer and business spending, which could help to allay fears of a sharp slowdown in growth in early 2012.

• Friday, February 3rd 2012 - 18:31 UTC

  Bernanke warns US government debt relative to GDP is “clearly unsustainable”

  

  The growth of US government debt relative to GDP is “clearly unsustainable”, Federal Reserve Chairman Ben Bernanke said in a congressional testimony.

• Wednesday, January 18th 2012 - 03:13 UTC

  Argentine defaulted bonds dispute reaches the US Supreme Court

  

  The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.