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 ...
NEW YORK, Jan 30 (Reuters) - U.S. stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled b...
Last week, Fed Chairman Ben Bernanke announced that the central bank would launch an unprecedented form of quantitative easing. In other words the Fed will continue to counterfeit money until there is a substantial decline in the unemployment rate.
Two days before Ben Bernanke's confirmation hearing, most Democrats on the Senate Banking Committee are withholding judgment, waiting to hear directly...