Dow Drops on Fed Chairman’s Words; Some Housing Stocks Climb
The Dow lost 19.15 points after hearing from the Federal Reserve Chairman, Ben Bernanke, that the government will not provide more economic stimulus, closing at 12,070.81. Several housing stocks...
View ArticleBernanke in the Ring: “It’s a left, then a right, another left …!!”
WashingtonPost reports Ben Barnanke will get pounded from the left and the right at this week’s Federal Reserve policy making committee. Half of the ten member committee disagrees with his monetary...
View ArticleBernanke: Aggressively Avoid Foreclosure
MhproNews.com has learned from the HuffingtonPost that Federal Reserve Chairman Ben Bernanke says foreclosure is not a good way to deal with delinquent mortgage holders because it leads to...
View ArticleExperienced Eyes Watching Dodd-Frank
A line-up of former regulators, lawmakers, and other financial policy makers headed by one-time Federal Deposit Insurance Corp. (FDIC) chairman Sheila Bair will form the Systemic Risk Council to keep...
View ArticleBank Failures Down, Fed Stimulus Coming Up?
HousingWire reports one definite sign of good news, and another likely source of good news later this week. The first is there were no bank failures over the weekend. At this time last year regulators...
View ArticleBernanke Strongly Suggests a Stimulus is Coming
In his annual speech at Jackson Hole, Wyoming, CNNMoney tells MHProNews Federal Reserve Chairman Ben Bernanke talked up providing more stimulus for the economy, saying the two previous rounds of asset...
View ArticleDeregulation would Spur the Economy
Forbes reports that if the Democrats truly want to restore the economy to the prosperity enjoyed during the Clinton years and avoid the “fiscal cliff,” the administration needs to enact policies that...
View ArticleFed to Continue Buying Securities
Speaking at the University of Michigan’s Ford School of Public Policy, HousingWire reports Federal Reserve Chairman Ben Bernanke defended the Federal Open Market Committee’s open-ended quantitative...
View ArticleFederal Reserve’s Bond-Buying May End by Next Year
According to nationalmortgagenews, a survey of economists by Bloomberg reports Federal Reserve Chairman Ben Bernanke is expected to reduce the quantitative easing that has been used to bolster the...
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