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Tag Archives: Fed Chairman Ben Bernanke
The Fed Can’t Raise Interest Rates Soon
The Mortgage Corner Our Federal Reserve won’t be able to raise interest rates at all this year, or maybe even next year, says Marketwatch. Why? Because the EU Central Bank just announced they are increasing their Quantitative Easing program (QE), … Continue reading
The Bernanke-Yellen Led US Recovery
Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading
Yellen’s Federal Reserve To Keep Rates Low
The Mortgage Corner The Fed’s FOMC minutes of their last meeting were just released, and they show the Fed intends to keep interest rates low for as long as possible, until the unemployment rate drops substantially. And the Fed’s maintenance … Continue reading
Fed Chair Yellen Is the Workers’ Best Friend
Financial FAQs We have just heard from new Federal Reserve Chairperson Janet Yellen in her first official speech entitled, What the Federal Reserve is Doing to Promote a Stronger Job Market. Her speech not only boosted the financial markets, but … Continue reading
Hoorays For New Fed Chair Janet Yellen
Financial FAQs Fed Chairwoman Janet Yellen’s congressional testimony proved that she is more than qualified to steer the US economy back to health. She is the economists’ economist, in a word, willing to explain the most basic economic truths in … Continue reading
Beware of the Taperians!
Popular Economics Weekly Now that the Fed has begun to reduce its QE3 securities’ purchases $10B per month in January, what will that do for growth? My answer is it’s too soon to say. Firstly, beware of the ‘Taperians’, those … Continue reading
The Great Income Divergence—II
Financial FAQs Ben Bernanke is now defending his record as Fed Chairman. He shouldn’t have to, as without the Fed’s easy money policies—such as QE3—the economy would surely have plunged back into recession, as the European Union has done with … Continue reading
Paying Sustainable Economic Growth Forward
Popular Economics Weekly The Fed has said it wouldn’t begin to boost interest rates until sustainable economic growth was achieved. However, no one has actually defined what that means. Fed Chairman Bernanke defines it as when full employment is achieved, … Continue reading
What Should We Be Thankful For?
Financial FAQs There is still much we can be thankful for this Thanksgiving, in spite of tax raises and government spending cuts that affect mostly the poorest—whether it’s less food stamps, early child care, environmental protection, and maybe even fewer … Continue reading
Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News
Tagged Affordable Care Act, Ben Bernanke, Case-Shiller Index, consumer debt, consumer spending, Fed Chairman Ben Bernanke, Janet Yellen, JOLTS report, Obamacare, S&P Case-Shiller Home Price Index, unemployment report
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Why Didn’t Fed Reduce QE3?
Popular Economics Weekly Chairman Ben Bernanke attempted to answer that question at his post-FOMC press conference last Wednesday. He said economic growth has slowed and so the Fed has reduced its growth projection to 2.0 to 2.30 percent for the … Continue reading