Category Archives: Fed

The Fed didn't announce a new policy. And despite what some press reports said, it didn't even commit to keeping rates low; all it did was say that if the economy stays weak, rates will stay low — well, duh … Continue reading →

Will Ben Bernanke ride to the rescue? And how? In recent months the Federal Reserve Chairman has given the impression that he and the other policy members on the Fed's board have no plans to launch any new stimulus It's … Continue reading →