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Fed

Mark Gongloff

Bernanke: U.S. Is Taking Wrong Approach To Debt

HuffingtonPost.com | Mark Gongloff | Posted 05.22.2013 | Business

Sure, Ben Bernanke is worried about the U.S. government's debt problem. He just thinks we're going about solving it the wrong way. Unfortunately, t...

College Debt Has a Female Face

Martha Burk | Posted 05.17.2013 | Politics
Martha Burk

Maybe it's time for a '60s-style student uprising -- but this time instead of occupying college hallways, they ought to occupy the halls of a Congress that favors big banks over struggling students.

Mark Gongloff

The Fed Has Two Jobs, And It Is Failing At Both Of Them

HuffingtonPost.com | Mark Gongloff | Posted 05.16.2013 | Business

When it comes to monetary policy, the Federal Reserve has just two jobs, and it's failing at both of them. The Fed has a dual mandate to promote ma...

Not in Kansas Anymore: Monetary Policy Demystified

Diane Swonk | Posted 05.13.2013 | Business
Diane Swonk

This report takes a closer look at monetary policy, what the FOMC is trying to accomplish, where voting members are in the process and ultimately, how far we have traveled from "home."

Fed Issues Dire Warning

Reuters | Posted 05.02.2013 | Business

WASHINGTON, May 1 (Reuters) - The U.S. Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop ...

How to Read the Week's Economic and Market Signals

Mohamed A. El-Erian | Posted 04.27.2013 | Business
Mohamed A. El-Erian

Expect next week's policy meetings to signal that central bank stand ready to step in, once again, to maintain the disconnect between buoyant equity markets and sluggish economic conditions -- not as an end in itself but, given Congressional dysfunction, as virtually the only way today to support economic activity (and it is rather imperfect as the expected benefits come with growing costs and risks). Look for the Federal Reserve to alter the thrust of its policy narrative. Rather than advance its prior emphasis on tapering its monthly $85 billion purchases of market securities, it will seek to reassure markets by iterating its willingness to do more if needed. Across the Atlantic, the European Central Bank will face increasing pressure to cut its interest rate (currently at 0.75%) and liberalize the collateral requirements it imposes -- both meant to loosen monetary conditions.

Mark Gongloff

Bernanke's Replacement Likely To Fuel Conservative Ire

HuffingtonPost.com | Mark Gongloff | Posted 04.25.2013 | Business

One day soon conservatives won't have Ben Bernanke to kick around any more. Instead, the next Federal Reserve Chairman will likely be somebody who wil...

Big Change Coming To $100 Bill

AP | MARTIN CRUTSINGER | Posted 04.25.2013 | Business

WASHINGTON -- The Federal Reserve says it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. Th...

3 Ways Cyprus Is a 'Game Changer' for Europe

Gemma Godfrey | Posted 03.27.2013 | Business
Gemma Godfrey

With the Fed likely to remain accommodative, bullish market sentiment may continue to overshadow concerns elsewhere. However, Cyprus has highlighted that we're far from an end to the crisis.

Mark Gongloff

Credit Bubble Comeback: Fed Warns Of Growing Danger In Risky Loans

HuffingtonPost.com | Mark Gongloff | Posted 03.22.2013 | Business

Ben Bernanke recently said the Fed is on the lookout for trouble in credit markets. It didn't have to look very long. The Federal Reserve and other...

MMT to Washington: There Is No Long-term Deficit Problem!

Warren Mosler | Posted 05.11.2013 | Business
Warren Mosler

What do the president, the party leaders, all members of Congress, all the headline economists (both hawks and doves), the entire Federal Open Market Committee, and just about everyone else apart from Modern Monetary Theory (MMT) proponents agree on?

Mark Gongloff

Banks Get Clean Bill Of Health From Fed

HuffingtonPost.com | Mark Gongloff | Posted 03.07.2013 | Business

Most of the biggest banks in the U.S. have passed the Federal Reserve's latest stress test, designed to measure their ability to withstand a crisis. W...

Mark Gongloff

Warren vs. Bernanke Over 'Too Big To Fail'

HuffingtonPost.com | Mark Gongloff | Posted 02.27.2013 | Business

Newly minted Sen. Elizabeth Warren on Tuesday showed why big banks are not her biggest fans, grilling Federal Reserve Chairman Ben Bernanke about the ...

The Fed Still Controls Everything

The Huffington Post | Mark Gongloff | Posted 02.21.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Zach Carter

Top Fed Official Endorses Breaking Up 'Too Big To Fail' Banks

HuffingtonPost.com | Zach Carter | Posted 02.19.2013 | Politics

WASHINGTON -- A top Federal Reserve official is having second thoughts about his 2009 declaration that breaking up the biggest Wall Street banks is "m...

Fed Underplayed Severity Of Situation Just Ahead Of Massive Crisis, New Docs Reveal

The Huffington Post | Mark Gongloff | Posted 01.18.2013 | Business

If you want to feel confident that the Federal Reserve knows where it's going as it steers the world's biggest economy, then you probably should not r...

AIG To Potentially Go After U.S. Government For Unfair Bailout

Reuters | Posted 03.10.2013 | Business

* AIG board to meet Wednesday to decide * Company says obliged to consider demands * Ex-CEO Greenberg ca...

The Fed Targets Unemployment: Why Are They Alone in That Pursuit?

Jared Bernstein | Posted 02.12.2013 | Business
Jared Bernstein

I'm glad Ben Bernanke is standing tall, doing his best to keep the focus on growth and jobs. But the fact that he's virtually alone in that pursuit is what's so disturbing.

Bernanke: Fed Can't Save Economy From Fiscal Cliff

The Huffington Post | Mark Gongloff | Posted 12.12.2012 | Business

If the U.S. economy goes over the fiscal cliff, there's really nothing the Federal Reserve can do to help. Fed Chairman Ben Bernanke repeated that ...

The Secret Rulers Of The World

The Huffington Post | Mark Gongloff | Posted 12.12.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

This Guy Is Our Only Hope

The Huffington Post | Mark Gongloff | Posted 11.29.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Zach Carter

Fiscal Cliff Primer: Can America Default On Its Debt?

HuffingtonPost.com | Zach Carter | Posted 11.21.2012 | Politics

No.* *We explain in the video above....

Ben Bernanke for Treasury Secretary

Robert Kuttner | Posted 01.18.2013 | Politics
Robert Kuttner

Why Bernanke to succeed Tim Geithner? He is probably the most influential and credible person in official Washington who is not part of the echo chamber on deficit reduction, and a Treasury secretary concerned more about recovery than austerity is just what Obama needs. And because the Fed, almost by definition, is assumed to be conservative, Bernanke would provide some cover for an expansionary program. I can think of people who'd be even better than Bernanke but I can't think of anyone as good who stands a prayer of being nominated. It's nothing short of weird when the most reliable progressive in town around turns out to be the chairman of the Federal Reserve. But such are the reactionary times in which we live.

Thought Of Bernanke Exit Sparks Worst Stock Selloff Since June

The Huffington Post | Mark Gongloff | Posted 10.23.2012 | Business

The stock market is freaking out like Bill Paxton's panicky marine in "Aliens," yelling "Game over, man! Game over!" All because it's afraid of losing...

Top Fed Official: We Haven't Done Enough

The Huffington Post | Mark Gongloff | Posted 10.16.2012 | Business

Thing One: When Doves Cry: Ron Paul and Rick Perry may not like Ben Bernanke's Federal Reserve, but they should thank their big, bright Texas stars th...