Reuters – U.S. policymakers may not be willing or able to wait for all global uncertainties to be resolved before they begin normalizing loose monetary policy, St. Louis Federal Reserve President James Bullard said on Tuesday.
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Reuters – U.S. policymakers may not be willing or able to wait for all global uncertainties to be resolved before they begin normalizing loose monetary policy, St. Louis Federal Reserve President James Bullard said on Tuesday.
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Reuters – The Federal Reserve should consider trimming its $600 billion bond purchase program given “pretty good” U.S. economic data, Federal Reserve Bank of St. Louis President James Bullard said on Saturday.
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Reuters – Lengthening the “extended period” of low U.S. interest rates could encourage a liquidity trap, a top Federal Reserve official said on Saturday.
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Reuters – Federal Reserve Chairman Ben Bernanke will break nearly 100 years of tradition at the U.S. central bank next month when he begins talking to the media after policy meetings.
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AFP – The US Federal Reserve said Monday it would release data on its emergency aid to banks after the Supreme Court rejected arguments to keep it secret.
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Reuters – Some of the largest U.S. banks will be notified on Friday whether they passed a second round of stress tests conducted by the Federal Reserve, the Wall Street Journal reported on Thursday.
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AP – The Federal Reserve is sticking with its $600 billion Treasury bond-purchase program to strengthen the economy as Japan’s nuclear crisis raises worries around the globe.
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AP – Higher oil and food prices. Unemployment near 9 percent. Crises in the Middle East and Japan.
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AP – American International Group Inc. is offering $15.7 billion for a heap of toxic mortgage bonds that the Federal Reserve Bank of New York took off its hands at the peak of the financial crisis in 2008.
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Reuters – John Williams, the San Francisco Federal Reserve Bank’s head researcher whose work suggests the Fed’s bond-buying has helped restore millions of jobs, will succeed Janet Yellen to lead the regional Fed bank.
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Reuters – A top Federal Reserve official on Friday warned mortgage servicing industry executives they could face enforcement actions and that they shoulders some of the blame for a sluggish economic recovery.
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AP – A Federal Reserve official says he would oppose going beyond the Fed’s $600 billion bond-buying program to boost the economy and would push to scale it back if inflation posed a threat.
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