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By MARTIN CRUTSINGER, AP Economics Writer |
August 1, 2012
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth, but it took no new action.
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By Joyce Hanson, AdvisorOne |
January 3, 2012
In a historic move that points to increasing transparency at the Federal Reserve, the FOMC announced Tuesday that beginning in January, it will start to publish a forecast of its own actions.
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By Joyce Hanson, AdvisorOne |
November 2, 2011
Fed Chairman Ben Bernanke says he sympathizes with the frustration of Occupy Wall Street protestors as U.S. jobs market weakness persists and the nation’s unemployment rate remains elevated. The Fed left its monetary policy unchanged.
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By Joyce Hanson, AdvisorOne |
September 23, 2011
In a critique of the Fed's Operation Twist announcement, JPMorgan market strategist David Kelly said it was a failure because the markets have reached the point where they must self-correct.
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By Joyce Hanson, AdvisorOne |
August 9, 2011
U.S. stocks surged Tuesday after Federal Reserve policymakers announced that they planned to keep rates in a very low range for the next two years.