Topic: U.S. Federal Reserve
WASHINGTON (Reuters) - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment. That puts the U.S. Federal Reserve in a bit of a ...
NEW YORK (Reuters) - U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth. KEY POINTS: ...
Fed Chairman Bernanke did not put forth a very convincing argumentFirst let’s look at the trend. After an unusual four straight quarters of negative growth in the severe 2008-2009 recession, the recession ended in the September quarter of last year when GDP ...
JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke has smoothed the ruffled feathers of anti-inflation hawks at the Fed by indicating he will only press for more policy easing if the U.S. economic slowdown worsens. Getting that buy-in may eventually ...
The US Federal Reserve chief has vowed to take aggressive steps to boost the US economy as the world's largest economy's pace of growth slowed rapidly in the second quarter. But Ben Bernanke, the central bank chairman, said Friday prospects for a ...
The Federal Reserve chief has vowed to take aggressive steps to boost the US economy if the outlook worsened, as the world's largest economy's pace of growth slowed rapidly in the second quarter. But Ben Bernanke, the central bank chairman, said prospects ...
The Federal Reserve will take aggressive steps to boost the US economy if the outlook worsens, the central bank's chief Ben Bernanke said Friday, as the country's pace of growth slowed rapidly in the second quarter. But the Fed chairman said prospects ...
The US Federal Reserve will take more aggressive steps to boost growth if the economic outlook "deteriorated significantly," the central bank chief Ben Bernanke said Friday. But he said prospects for a US growth pick up in 2011 appeared to "remain in ...
The US government on Friday slashed second quarter growth in the world's largest economy to a pace of 1.6 percent, signaling a more pronounced slowdown in the recovery from recession. Gross domestic product growth in the April-June period fell from 3.7 percent ...
Federal Reserve chief Ben Bernanke will offer a fresh assessment on Friday of the weakening US economy as the government is expected to slash nearly half of projected growth for the second quarter. With markets haunted by fears the world's largest economy ...