Economy Watch Archive: Fed Reserve
U.S. exports up, but higher imports widen trade deficit
U.S. exports jumped more than 2 percent in May. But a surge in imports widened the country's trade deficit -- disappointing the effort to even out global trade flows.
By
Howard Schneider
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July 13, 2010; 10:09 AM ET |
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Fed Reserve
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Fed orders caps on credit card late fees
The Federal Reserve this morning ordered credit card companies to cap late fees at $25 for one-time offenders starting in August in the final version of its regulations on credit card penalty fees.
By
Ylan Q. Mui
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June 15, 2010; 12:01 PM ET |
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Bernanke assumes role of very measured chief economic cheerleader
When you think of a cheerleader personality, Ben Bernanke's cautious, monotone manner doesn't come to mind. Yet, for lack of others, the Fed chairman has emerged as the chief cheerleader for the struggling U.S. economic recovery. Even if he...
By
Frank Ahrens
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June 9, 2010; 12:47 PM ET |
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Bernanke: Look like you know what you're doing even if you don't
Image via WikipediaUPDATED at 2:45 p.m.: One of the sayings of aspiring Wall Street masters of the universe goes like this: "Fake it till you make it." It seems our Fed chairman may feel the same. The Fed waits years...
By
Frank Ahrens
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April 30, 2010; 2:45 PM ET |
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Fed Reserve
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The Ticker
| Tags: Ben Bernanke, Federal Open Market Committee, Federal Reserve System, Monetary policy, Real estate bubble, Twitter, Unemployment, Wall Street
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Fed leaves rate unchanged, but for how long?
Today, the Fed's Federal Open Market Committee said it would keep its short-term interest rate at historically low levels -- between zero and 0.25 percent -- for an "extended" period of time. But just how long is "extended"? And what...
By
Frank Ahrens
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March 16, 2010; 5:51 PM ET |
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Fed Reserve
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The Ticker
| Tags: Federal Reserve, fed leaves interest rate unchanged, interest rates, mortgages
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Fed funds rate remains unchanged at historically low levels
The Federal Reserve said moments ago that its main interest rate, the fed funds rate, will remain at historically low levels between zero and 0.25 percent in order to keep what it admits is a soft recovery moving along. "While...
By
Frank Ahrens
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March 16, 2010; 2:26 PM ET |
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Fed Reserve
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The Ticker
| Tags: Federal Reserve, inflation, interest rates
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