Fewer Jobs Lost in August; Private Hiring Beats Forecasts
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. Haga clic aquí para leer el artículo completo
Read more..Currencies: Dollar pares drop, sees gains vs. euro this month
The dollar recovers against the euro but remains down against the yen after U.S. stocks turn negative and Federal Reserve officials indicate willingness to consider taking additional steps to provide more support if the economy weakens further. Haga clic aquí para leer el artículo completo
Read more..Full Recovery Could Take Decade or More: Economist
The finding, contained in a new paper by Carmen M. Reinhart, an economist at the University of Maryland, generated considerable debate during an annual policy symposium organized by the Federal Reserve Bank of Kansas City, reports the New York Times, Haga clic aquí para leer el artículo completo
Read more..Full Recovery Could Take Decade or More, says Economist
The finding, contained in a new paper by Carmen M. Reinhart, an economist at the University of Maryland, generated considerable debate during an annual policy symposium organized by the Federal Reserve Bank of Kansas City, reports the New York Times, Haga clic aquí para leer el artículo completo
Read more..US Recovery Softer, Fed Ready With Stimulus: Bernanke
U.S. Federal Reserve Chairman Ben Bernanke said on Friday the recovery has softened more than expected and the Fed is ready to take further steps if needed to spur the stumbling economy. Haga clic aquí para leer el artículo completo
Read more..Currencies: Modest losses for dollar following jobless claims
The U.S. currency trades flat to lower as foreign-exchange traders digest jobless claims and bide their time awaiting Federal Reserve chief Ben Bernanke’s remarks from Jackson Hole on Friday. Haga clic aquí para leer el artículo completo
Read more..Fed in Emergency Bid to Put Bailout Ruling on Hold
The Federal Reserve asked a U.S. appeals court to delay implementing a ruling that would force the central bank to disclose details of its emergency lending programs to banks during the financial crisis. Haga clic aquí para leer el artículo completo
Read more..Risk of Double-Dip Recession Has Risen: Fed’s Evans
A double-dip recession is unlikely but the risks of one have risen in the last six months, Chicago Federal Reserve Bank President Charles Evans said Tuesday. Haga clic aquí para leer el artículo completo
Read more..Fed Divided on Aug. Decision to Buy Treasurys: Report
At least seven of the 17 top Federal Reserve officials at the U.S. central bank’s August meeting had reservations about the decision to buy more Treasurys, the Wall Street Journal reported on Monday. Haga clic aquí para leer el artículo completo
Read more..‘Quantitative Easing’: What it Really Means for Investors
Investors queasy over whether there’s anything that can be done to boost the flagging US economy could get a trillion-dollar answer this week from the Federal Reserve. Haga clic aquí para leer el artículo completo
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