Posted by Reuters: Business News on February 8, 2012
SAN RAMON, Calif./NEW YORK (Reuters) – The pick-up in jobs has caught the eye of two top Federal Reserve officials who said on Wednesday that continued improvement in the beleaguered labor market dampens prospects for more economic stimulus measures from the central bank.
Posted by Reuters: Business News on February 3, 2012
AUSTIN, Texas (Reuters) – A third round of large-scale asset purchases by the Federal Reserve is not needed and would compound the difficulties of tightening monetary policy when the time finally comes, a top Fed official said on Thursday.
Posted by Reuters: Business News on February 2, 2012
AUSTIN, Texas (Reuters) – The U.S. Federal Reserve may have more latitude to pursue easy-money policies if inflation runs below its newly-set 2-percent target, though such a move does not guarantee more jobs, a top central bank official said on Thursday.
Posted by Reuters: Business News on February 1, 2012
GLADWYNE, Pennsylvania (Reuters) – A top Federal Reserve official sharply criticized the U.S. central bank’s decision last week to telegraph ultra low interest rates for nearly three more years, saying on Wednesday the move undermined confidence and caused confusion.
Posted by Reuters: Business News on January 31, 2012
NEW YORK (Reuters) – For a central bank that wants to make transparency its hallmark, the Federal Reserve’s new forecast of nearly three more years of super-low rates has left room for a few doubts.
Posted by Reuters: Business News on January 30, 2012
WASHINGTON (Reuters) – More than two-thirds of banks in a Federal Reserve survey of senior loan officers said they had tightened credit to European financial firms in January, underscoring the continent’s severe banking crisis.
Posted by Reuters: Business News on January 27, 2012
LONDON (Reuters) – World stocks fell from a 5-1/2 month high on Friday as gains spurred by the Federal Reserve’s pledge of low interest rates gave way to concerns about Portugal, seen as the next domino in the euro zone crisis, and uncertainty over Greek debt talks.
Posted by Reuters: Business News on
TOKYO (Reuters) – The broad asset rally which the U.S. Federal Reserve inspired by pledging to keep rates low decelerated on Friday as investors awaited the outcome of Greek debt talks and U.S. gross domestic product data.
Posted by Reuters: Business News on January 26, 2012
NEW YORK (Reuters) – Wall Street rose modestly on Thursday on a combination of an extended easy monetary policy from the Federal Reserve, strong earnings from Caterpillar Inc and 3M Corp, as well as solid U.S. economic data.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures rose on Thursday, adding to gains from the previous session when the Federal Reserve boosted equities by saying it was likely to keep interest rates near zero until at least late 2014.
