Markets Will Look for Hints in Bernanke’s Words
It was just a year ago, after all, that the economy was in almost exactly the same position: pitifully slow job and output growth, fears about another financial shock from Europe’s debt crisis,...
View ArticleAdam Posen Presses Central Banks to Act More Aggressively
GOVERNMENTS are pushing austerity; bankers are hoarding cash; a recession looms in the United States and Europe. But Adam S. Posen has a solution: a shock-and-awe display of coordinated central bank...
View ArticleShares Shrug Off Italian Downgrade
Stocks rose Tuesday as investors appeared to anticipate progress on two fronts: efforts to resolve debt problems in Greece, and efforts by Federal Reserve policy makers to stimulate the United States...
View ArticleWealth Matters: Low Bond Yields Make Building a Portfolio Harder
United States Treasury bonds and other high-grade bonds used to be the safe way for older investors to generate income in their portfolios. But yields on these bonds are now so low, they are not...
View ArticleNews Analysis: A Federal Reserve That Is Focused on the Value of Clarity
WASHINGTON The Federal Reserve’s decision on Wednesday to announce specific economic objectives for its policies would have stunned and dismayed earlier generations of central bankers, who regarded...
View ArticleIn Survey, Fed Finds Economic Growth Is Widespread
The survey noted that 10 of the Fed’s 12 banking districts reported moderate growth, while the Boston and Chicago districts reported slow growth. The survey, called the beige book, provided anecdotal...
View ArticleFed Maintains Rates and Strategy
WASHINGTON — The Federal Reserve produced no surprises on Wednesday, affirming that it would plow ahead with its efforts to stimulate the economy even as it hailed “a return to moderate economic growth...
View ArticleOff the Charts: S.&P. Has More Than Doubled Under Obama
Through Friday, more than 52 months after he took office, the index was up 105 percent during his term in office, for a compound annual gain of 18 percent. There is, of course, more than a little good...
View ArticleOff the Charts: Dire Warnings About Fed Strategy Did Not Come to Pass
While the first such program had started at the height of the credit crisis in 2008, the new program came when the economy was growing, and it was subjected to immediate and withering criticism,...
View ArticleNews Analysis: Indonesia Needs to Wean Itself From ‘Easy Money,’ Leader Says
The United States Federal Reserve’s decision on Wednesday to defer a reduction in economic stimulus offers Indonesia breathing space but does not remove the necessity for prompt action by policy makers...
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