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Fed Qe2

Fed Governor Casts Doubt On QE2

AP | Posted 05.25.2011 | Business

ROCHESTER, N.Y. — A veteran Federal Reserve official has again expressed doubts that the central bank's $600 billion bond-buying program will do...

Stiglitz To Obama: The Fed's Latest Move Will Hurt Other Nations

WSJ | Alex Frangos | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz, dismissing the Federal Reserve's quantitative easing as a "beggar-thy-neighbor" strategy of currency de...

Obama Sidesteps Question About Whether The Fed Is Intentionally Devaluing The Dollar

AP | Posted 05.25.2011 | Business

NEW DELHI — President Barack Obama has sidestepped a question of whether the Federal Reserve may have weakened the value of the dollar by purchasing...

Fed: Don't Get Too Excited About The Economic Recovery

Posted 05.25.2011 | Business

WASHINGTON: The Federal Reserve on Tuesday offered only a cautious nod to the economy's improving prospects as it put a spotlight on lofty unemployme...

Ben Bernanke: Income Inequality Is 'Creating 2 Societies'

Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke believes the growing income gap is "creating two societies" in America. The central bank chief weighed in on ...

Is QE2 the Road to Zimbabwe-style Hyperinflation? Not Likely

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Unlike Zimbabwe, the U.S. can easily get the currency it needs without being beholden to anyone. But wouldn't that dilute the value of the currency? No.

Markets Say Phew to QE2

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

QE2 is supposed to be an economic panacea, designed to further lower interest rates, increase asset prices and invigorate the economy. But nobody knows whether it will be a flop or a success.

Fed's 'Cheap Money' Spurs Investment Abroad

Bloomberg | David J. Lynch | Posted 05.25.2011 | Business

Such spending sounds like just what the Federal Reserve had in mind in 2008 when it cut interest rates to near zero and started buying $1.7 trillion i...

WATCH: Fed President: It Could Take Years To End Fed's Easy Money Policies

Posted 05.25.2011 | Business

WASHINGTON - A top U.S. Federal Reserve official defended the Fed's controversial bond-buying program on Tuesday, saying it could be years before pul...

Volcker: Fed's $900 Billion Plan Won't Do Much To Boost Economy

Posted 05.25.2011 | Business

SEOUL, South Korea (AP, By Kelly Olsen) -- Former Federal Reserve Chairman Paul Volcker says the U.S. central bank's plan to buy hundreds of billions ...

Ben Bernanke Defends Fed's Massive $900 Billion Program

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

What will the Federal Reserve's massive $900 billion plan actually accomplish? As HuffPost's Shahien Nasiripour pointed out yesterday, the Fed's new a...