Posts Tagged ‘Federal Reserve’
Will America See Double Digit Inflation?
Federal Reserve Chairman Ben Bernanke is printing money again, and outraged critics at home and abroad are predicting that this aggressive plan will boost inflation, weaken the dollar and "monetize the debt," something Bernanke told congress under oath he would not do. Bernanke has admitted that this is new territory. There could be unintended [...]
U.S. Economy Shows A Spark Of Life
The U.S. economy is showing a faint pulse after the nation's GDP rose at a 2 percent annual rate in the July-through-September quarter. That was a slight improvement from the 1.7 percent growth rate in the second quarter and the fifth straight quarter of expansion. However, experts say the feeble growth is still not enough to impact jobs. [...]
Bank Of Japan Makes Proactive Economic Moves
Bank of Japan is trying some creative tactics to stem a flagging economy after more traditional methods produced only sluggish results. Japan's central bank announced Tuesday, a move to lower its key interest rate to between 0% and 0.1%. It previously stood at 0.1%. The bank also said it would purchase about $60 billion of government bonds and [...]
