FEDERAL RESERVE

Ben Bernanke

QE3? More Stimulus Could Be Coming, Bernanke Says

U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday that the Fed was prepared to take action to reverse any slowdown in the economic recovery, including another round of quantitative easing.

Moody's May Downgrade U.S. Debt, If Crisis Isn't Resolved

At Issue: U.S. Debt Ceiling
Moody's Investors Service has placed the Aaa bond rating of the U.S. Government on review for a possible downgrade, due to the debt deal talks stalemate in Washington, and the possibility of a U.S. debt default, the credit rating agency announced. Fed Chairman Ben Bernanke also said a default would trigger a major crisis.

Highlights: Bernanke's semi-annual testimony to House panel

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The following are highlights of Federal Reserve Chairman Ben Bernanke's prepared remarks on Wednesday to the House of Representatives Financial Services Committee as part of his semi-annual testimony on the U.S. economy and monetary policy.
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Instant view: Bernanke says more policy support possible

Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.
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Silver bars are displayed at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna February 28, 2011

Silver Demand Outpacing Production, Prices Set to Shoot Higher

Silver has lost its shine of late as fears of another global economic slowdown reduced its appeal as an industrial metal. Silver fell from the record prices it set a couple of months back to hover around $35 per ounce. However, optimists are speculating that silver will bounce back once again and cross the $100 record. There are even experts who fancy silver's price parity with gold!
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Fed minutes: Some ready to ease if recovery lags

Some Federal Reserve officials believe further monetary policy easing could be needed if the recovery remains too sluggish to cut the stubbornly high U.S. jobless rate and if inflation eases as expected, minutes of the Fed's last meeting show.
U.S. President Barack Obama

Obama: Stalled Debt Talks Hurt Job Growth

In a Rose Garden statement, President Barack Obama Friday said the poor June jobs report was primarily due to the debate in Washington, which has been dominated by issues of debt limit.
U.S. Job Market Remains Challenging for Job Seekers.

U.S. Adds Just 18,000 Jobs in June, Unemployment Up

The world's largest economy continued to create jobs a tepid rate in June, adding just 18,000 jobs, when economists were expected a gain of about 105,000. The sub-par job growth rate increases concern that the economy may enter a double-dip recession.

9 Reasons for Higher Treasury Yields

Since June 15, there has been a significant rise in Treasury yields. Below we present several reasons for the spike and why we think that interest rates will continue to move higher.
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Fed should act if recovery disappoints -Bullard

The Federal Reserve should be prepared to act to support the economic recovery again if growth disappoints, a top official said on Thursday, the day the central bank's latest bond buying round ended.
U.S. Treasury Secretary Timothy Geithner

Geithner Mulls Stepping Down: Report

In order to take a break from government service, U.S. Treasury Secretary Timothy Geithner is considering leaving his post after President Barack Obama and Congress reach an agreement on raising the national debt ceiling.
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Effects of QE2 could lag by a year: Fed's Bullard

St. Louis Federal Reserve President James Bullard said on Thursday that while the central bank's massive bond buying program impacted financial markets immediately, its effect on the broad economy will lag by as much as a year.
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Fed's Bullard says effects of QE2 could lag by a year

St. Louis Federal Reserve President James Bullard said on Thursday that while the central bank's massive bond buying program impacted financial markets immediately, its effect on the broad economy will lag by as much as a year.

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