Posts Tagged ‘Federal Reserve’

Fed to deal with stimulus funding

WASHINGTON — Now that the U.S. economy is on the mend, the Federal Reserve this year can focus on how and when to pull back the stimulus money pumped out to fight the financial crisis. With his prospects for another term brightening, Fed chief Ben Bernanke will lead that effort. At their first meeting of […] [...]

Bernanke lands more support

WASHINGTON — Support for Federal Reserve chairman Ben Bernanke’s confirmation for a second four-year term as head of the U.S. central bank mounted today as the White House appeared to stanch opposition that had roiled financial markets. Senate Majority Leader Harry Reid, a Democrat, expects a vote by the end of the week, his spokesman […] [...]

Obama believes Bernanke will win another term

ELYRIA, Ohio — President Barack Obama believes Federal Reserve chairman Ben Bernanke will win a second term, a spokesman said today, despite Senate concerns over steps the central bank will take to create jobs. Deputy press secretary Bill Burton said Obama has “a great deal of confidence” in the actions Bernanke already has taken and […] [...]

Bullard: New policy rule needed

by Published: October 13,2009

Tags: federal agency, Federal Reserve

ST. LOUIS, Mo. — During a speech Oct. 11 at the 51st-annual meeting of the National Association for Business Economics, St. Louis Fed president James Bullard reaffirmed the need for a Taylor-type policy rule for the Federal Reserve’s asset purchase program. Such a rule would help communicate how asset purchases may be adjusted as economic […] [...]

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