The Federal Reserve, taking a fresh look at the economic tea leaves, has decided that a cocktail of record-low interest rates and billions of dollars in monthly asset purchases is still warranted.
As we flip the calendar over to May this week, we’ll get the monthly employment report from the government.
Brand-new $100 bills will begin circulating this fall, with a sleight of new anti-counterfeiting measures built in.
Fed Chairman Ben Bernanke won’t attend the annual Jackson Hole conference in late August.
The Beige Book reports moderate economic growth across the country. That’s actually an improvement from the modest growth reported previously.
With rates at historic lows, Americans are abandoning CDs en masse. Adjusted for inflation, CD balances nationwide are at their lowest level since 1968.
The Fed dissed me. And lots of other people, too.
The minutes of the last Fed meeting show that many committee members see the end of QE at the end of 2013. Could that mean higher CD rates?
A new bill introduced in Congress would break up any bank big enough to substantially damage the economy if it failed.
Fed Chairman Ben Bernanke says banks are stronger, but that hasn’t stopped the Senate from pushing forward with higher capital requirements for big banks.