The Blog of JesusRaptureMe.com (Free subscription) | 8 hours ago
Federal Reserve auctions $75B in loans to aid banks - Vindy.com News - Business & Technology - Youngstown, Warren, Columbiana, Ohio
kansascity.com (Free subscription) | 08/27/2008
WASHINGTON | Even as they grappled with inflation worries, most Federal Reserve officials at their August meeting didn’t believe the Fed’s key interest rate was too low.
Big News Network.com (Free subscription) | 08/27/2008
The Federal Reserve, which has just held an interest rate meeting, has said interest rates were pegged because of the flagging housing market and rising unemployment.
Market Watch (Free subscription) | 08/26/2008
NEW YORK (MarketWatch) -- U.S. stocks remained mostly lower after the release of a summary of the Federal Reserve's last meeting, at which worries about economic growth dominated. The Dow Jones Industrial Average fell 21.25 points to 11,365.40. The S&P 500 was down 0.56 points at 1,266.28, while the Nasdaq Composite fell 11.57 points to stand at 2,354.02. Market Pulse Stories are Rapid-fire,...
cryptogon.com (Free subscription) | yesterday
Via: Guardian: Germany’s Bundesbank on Friday rejected calls that it should sell some of its gold reserves to help boost the slowing German economy, telling Reuters financial and political uncertainty make the reserves even more important than before. “Gold sales are not a suitable way to sustainably consolidate the public accounts,” the Bundesbank said after a query [...]
to herd or not to herd (Free subscription) | 08/25/2008
The impending global recession has nothing to do with crafty mortgage lenders, opportunistic loan applicants, dodgy rating agencies, or crooked home appraisers. That's like blaming Lindy England for Abu Ghraib. The source of the troubles is the Federal Reserve and monetary policies that are designed to rob people of their life savings. Abolish the Fed. Read .
Star Tribune (Free subscription) | 08/26/2008
Documents, released Tuesday, provided insight into the Fed's thinking at the Aug. 5 meeting, when central bank policymakers decided to hold its key rate steady at 2 percent for the second straight meeting. Confronted by problems at every turn — rising unemployment, shaky growth, credit troubles and creeping inflation — the Fed took a gamble that once again the best move was none at all.
Seeker Blog (Free subscription) | 08/26/2008
... Dutch boy. …Alan Blinder, the former Fed vice chairman, critiquing the paper presented at the Federal Reserve symposium by London School of Economics professor Willem Buiter (Mr. Buiter was born in the Netherlands). Thanks to Sudeep Reddy . In another report from Jackson Hole, Reddy summarizes a proposal by economist Raghuram Rajan. Mr. Rajan along with co-authors Anil Kashyap, also...
EdCone.com (Free subscription) | 08/25/2008
One year into the financial crisis, central bankers and scholars at the Federal Reserve's annual retreat this weekend couldn't agree on how to prevent a repeat... ...At stake is the shape of financial regulation as governments and legislators draft new...
International Herald Tribune (Free subscription) | 08/25/2008
For the U.S. Federal Reserve, a debate over countering inflation grows louder With the decline in oil prices, inflationary pressures are easing for the moment. The Federal Reserve's policy makers all acknowledge as much. But that has not halted their debate over whether to raise interest rates now to avoid higher inflation in the future.The issue moved to a broader forum...
ParaPundit (Free subscription) | 08/25/2008
The central bank of the United States basically is transferring money from everyone else to bail out banks. Ben S. Bernanke, the chairman of the Federal Reserve, rejects that thinking, as do a majority of the Fed's policy makers. They argue and several of them repeated their arguments in interviews here that were mostly off the record that...
Philadelphia Inquirer (Free subscription) | 08/24/2008
Anyone who's still under the Greenspan-era Wall Street illusion that the Federal Reserve runs this country should look at what happened when Fed Chairman Ben Bernanke tried to brush off a Pennsylvania congressman earlier this year.
Real Time Economics (Free subscription) | 08/24/2008
The most controversial presentation at the Kansas City Fed’s annual symposium came from London School of Economics professor Willem Buiter. And it wasn’t just because his academic paper, distributed in advance to participants, came in at 118 pages (or 146 including references and charts). Mr. Buiter slams the Federal Reserve, European Central Bank and Bank [...]
International Property Investment (Free subscription) | 08/23/2008
The Federal Reserve just released its latest figures on credit standards and credit demand. (...)
The Earth Times Online Newspaper (Free subscription) | 08/21/2008
(Reuters) - The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc, The Wall Street Journal said citing people familiar with the matter.
