Tag: Federal Reserve
Federal reserver maintains its exceptional support to economic recovery
The Federal Reserve (Fed, central bank) said Wednesday it revised down its forecast for U.S. economic growth for 2013 and maintain its policy to support growth in a context of “risk of degradation.” Emphasizing “a return to moderate economic growth after the pause observed at the end of last year,” the Monetary Policy Committee of [...]
Federal reserve started a meeting without expect policy changes in the U.S. stimulus
The Federal Reserve (Fed) U.S. today began their two-day meeting to discuss monetary policy of the country, which will discuss the effects of its aggressive stimulus measures on the economic recovery. Members of the Open Market Committee of the Fed issued morning concluded its second meeting of the year, a statement that will explain their [...]
Greenspan says that there is an “irrational exuberance” in U.S. markets
The president of the Federal Reserve Alan Greenspan said today that does not receive an “irrational exuberance” in financial markets despite consecutive records of the Dow Jones (DJI – news) of Industrialists. “Irrational Exuberance is the last term I would use to describe what is happening now” in the markets, Greenspan said in an interview [...]
Wall Street and the Ibex-35 leading a week of stock market euphoria
Global stock markets have experienced a week of euphoria, which has resulted in the four outer highs on Wall Street and in Spain, with a leading Ibex-35 increases across Europe and a significant reduction in the risk premium . Positive data, as the Japanese GDP last quarter, which was up 0.2% against -0.4% expected, the [...]
Wall Street continues to break record highs
The NYSE continued breaking highs on Thursday, as its main indicator, the Dow Jones, recorded for a third day in a record closing with an advance of 0.23%, while The Nasdaq had a rise of 0.30%. According to the final data at the close, the Dow Jones Industrial Average was 33.25 points to 14,329.49 appreciated [...]
Federal Reserve noted a negative impact in the U.S. economic recovery
The Federal Reserve (Fed) confirmed today previewed “modest” in the U.S. economic recovery, although it attributed to higher gas prices and fiscal consolidation underway. In its periodic report on the economic situation called “Beige Book”, the central bank of the United States noted that many of the districts surveyed reported that “rising gas prices and [...]
Bernanke comes out in defense of his actions at the Fed
The Federal Reserve Chairman Ben Bernanke said Sunday that it is not clear that the central bank’s monetary policy is affecting emerging economies. Bernanke has defended the Fed’s actions often against critics at home who argue that the policy of keeping interest rates near zero while increasing asset purchases hurt savers and future risk ra [...]
The president of the Federal Reserve Bank of New York alerts about the weak evolution of employment
The president of the Federal Reserve Bank of New York, William Dudley, today underlined the progress in strengthening the U.S. economy, but also warned that the employment change is weak and can jeopardize growth. “The data show that the U.S. economy has encouraged a little more in recent months, suggesting that recovery may finally be [...]
The U.S. Economy is “Far From Being Fully Recovered”
The U.S. economy is “far from being fully recovered” from the financial crisis, said in a speech on Monday, the president of the Federal Reserve (Fed) Chairman Ben Bernanke. “It was three years since the darkest days of the financial crisis, but our economy is still” far from being fully recovered from its effects, “Bernanke [...]
The euro fell more than two cents as a result of the concern for Spain
The euro fell two cents today, to its lowest for two weeks, following the results of the emission of Spanish Treasury debt. The single currency was trading at 16.00 hours GMT to $ 1.3127, up from $ 1.3340 the last hours of European trading the currency market on Tuesday. The ECB today fixed the official [...]
