Tag: Federal Reserve

• Thursday, November 4th 2010 - 20:04 UTC

  Trichet does not believe the US is actively weakening the dollar by printing money

  

  European Central Bank President Jean-Claude Trichet said on Thursday he did not think the United States was actively trying to weaken the dollar by printing money, despite criticism from emerging economic powerhouses.

• Thursday, November 4th 2010 - 19:54 UTC

  Germany blasts latest US Fed Reserve plan to pump more money

  

  German Economy Minister Rainer Brüederle from the liberal FDP blasted the United States monetary expansive policy which is geared to prop the declining US economy with strong liquidity injections.

• Thursday, November 4th 2010 - 05:23 UTC

  Brazil warns more Fed liquidity could lead to protectionist policies

  

  Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.

• Wednesday, October 20th 2010 - 01:02 UTC

  Geithner vows not to devalue the dollar for export advantage

  

  Treasury Secretary Timothy Geithner vowed that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health.

• Thursday, October 14th 2010 - 05:37 UTC

  Gold hits a new record as investors seek protection against sinking US dollar

  

  World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.

• Wednesday, October 6th 2010 - 00:13 UTC

  Fed and ECB “flood of liquidity” plunging the world into “chaos” warns Stiglitz

  

  The policies of extremely low interest rates maintained by the Federal Reserve and the European Central Bank are plunging the world into chaos instead of helping with the recovery of the global economy, the winner of the Nobel Prize in economics, Joseph Stiglitz, said on Tuesday.

• Wednesday, September 22nd 2010 - 07:35 UTC

  Fed anticipates modest US growth and is prepared to provide further support

  

  Admitting that employment and output recovery has slowed down in recent months, the US Federal Reserve said on Tuesday that it is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate.

• Monday, August 16th 2010 - 18:56 UTC

  U.S. Dollar Direction In 2nd Half of 2010

  

  The last two years have been quite volatile in financial markets. First, in the fall of 2008, it appeared that the entire global economic system was headed toward inevitable destruction as US financial institutions Bear Stearns, Fannie Mae & Freddie Mac, and Lehman Brothers all collapsed in September of ’08.

• Thursday, August 12th 2010 - 00:20 UTC

  New York Fed will buy 18 billion of Treasury debt in nine operations

  

  The New York Federal Reserve announced Wednesday it will buy about 18 billion US dollars of Treasury debt in nine operations from August 17 through September 13.

• Friday, July 23rd 2010 - 03:36 UTC

  Fearing US ‘double-dip’ recession Fed commits making credit easier

  

  The United States Federal Reserve will try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said, offering his clearest blueprint yet for possible additional monetary easing.