Topic: U.S. Federal Reserve
Fed's Bullard: May see asset sales late 2010
Reuters US Online Report Business News
WASHINGTON (Reuters) - The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday. The Fed's purchases last year of longer-term Treasuries and other debt, undertaken to help revive the ...
Consumer credit down in Nov. for record 11th month
AP News
Consumer credit falls in November for record 11th month, as Americans pay down credit cardsAmericans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products. The mixed picture raises hopes that Americans may soon return to spending, a necessary ...
Stock investors see threats from all directions
AP News
Stock investors see threats to economy, market's rally from all sides; tough 2010 aheadThe threats seem to be coming from all directions. Jittery stock traders react to each day's news as if it could be the start of Financial Crisis 2.0. On Thursday, the Standard & Poor ...
Financial elite's behaviour has opened floodgates for gold
Stockhouse
Have they effectively captured our government?In spite of philosophical differences in many areas of politics and economics, Ron Paul and Simon Johnson agree that the cosiness that exists between the U. S. Congress and the financial elite has not worked, and is not working, in the best interest of ...
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