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Posts related to ‘Federal Reserve’

Bernanke: It’s Not Just the Economy, Stupid

Posted: August 6, 2012 at 12:06 pm

In videotaped remarks for a meeting of international economists this morning, Federal Reserve Chairman Ben Bernanke argued that economic measurement “must encompass measures of well-being and its determinants,” as well ...
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In Bernanke We Trust?

Posted: July 22, 2010 at 5:31 am

Ben Bernanke, head of the Federal Reserve, is credited by many people for lifting America and much of the rest of the world out of the financial crisis of 2008 ...
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AIG’s Robert Benmosche: The Great Quitter

Posted: July 1, 2010 at 5:11 am

Robert Benmosche, the CEO of American International Group, threatens to quit his job so often that it could be timed by a metronome. He whined when the press criticized him ...
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Looking Back, The Fed Never Cut Enough

Posted: June 24, 2010 at 4:23 am

The housing market is in trouble, and perhaps enough trouble that it will be the one sector of the economy that will face  a  double-dip recession. The idea that housing ...
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Fed Official Sees Global Growth Surge

Posted: June 14, 2010 at 8:57 am

In the face of a stagnant US job market, falling real estate prices in America, and an unprecedented crisis in Europe which could cause huge losses for regional banks, St ...
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Household Net Worth Up $1.1 Trillion To $54.6 Trillion

Posted: June 10, 2010 at 12:50 pm

Household net worth rose by $1.1 billion in the first quarter to $54.4 trillion according to The Federal Reserve, driven to some extend by rising stock prices and a desire ...
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Bernanke & The Burden Of American’s Aged

Posted: June 9, 2010 at 11:39 am

Ben Bernanke's testimony before the Committee on the Budget of the U.S. House of Representatives was mostly predictable. He talked about the steady improvement in the American economy and predicted ...
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Consumer Credit Up $1 Billion In April–A Rounding Error

Posted: June 7, 2010 at 3:18 pm

The Federal Reserve announced that consumer credit rose $1 billion from March to April, a meaningless number because of its size. Total outstanding consumer credit for the month was $2.44 ...
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Treasury To Raise $340 Billion This Quarter

Posted: May 4, 2010 at 5:16 am

The need for money to support the federal deficit in the April to June period grew from earlier forecasts. The Treasury expects to issue $340 billion in net marketable debt, ...
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Fed Makes Huge Profit

Posted: April 22, 2010 at 8:36 am

In a year in which many financial institutions gasped for air, the Federal Reserve transferred $47.3 billion to the Treasury - its "profit" in a sense.  The Fed's comprehensive income, ...
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The American Consumer Sees His Shadow

Posted: April 8, 2010 at 5:01 am

Consumer borrowing dropped in February by 5.6% to an annual rate of $2.45 trillion, according to the Federal Reserve. Revolving credit, a good proxy for credit card debt, dropped by 13.1%. ...
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Bernanke Versus The First Amendment

Posted: March 21, 2010 at 7:33 am

The Federal Reserve understandably does not want to give up the secrets of which banks were most in need of rescue as the credit markets melted down in late 2008. ...
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Bank Reform May Be Short The Votes It Needs

Posted: March 16, 2010 at 4:41 am

The healthcare reform package, the centerpiece of the Obama presidency, never made it though Congress, at least not in the form the President would have liked. It will still struggle ...
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Federal Reserve Survey: Consumers Don’t Want A Loan

Posted: February 1, 2010 at 4:42 pm

Today the Federal Reserve released its  survey of senior loan officers covering the fourth quarter of 2009.  The survey covered delinquency rates on commercial and industrial loans made to both ...
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Big Ben Talks Down The Dollar

Posted: December 7, 2009 at 1:48 pm

Friday's surprisingly strong job report sent the dollar soaring (NYSE: FXE, FXB, FXA, FXY).  Skittish currency traders got the impression that the improvement in the job market might prompt the ...
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