Fed’s Bernanke to Assure Congress Higher Rates Not Imminent
Fed’s Bernanke to Assure Congress Higher Rates Not Imminent
Feb. 20 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke will probably assure Congress that the central bank is mindful of the lack of job growth in the U.S. and an increase in the benchmark interest rate isn’t imminent after the Fed’s decision to raise the cost of direct loans to banks.
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Bernanke sees less stimulus, higher rates ahead
Bernanke sees less stimulus, higher rates ahead
Washington » Prepare for the end of record-low interest rates, Federal Reserve Chairman Ben Bernanke says. Just not yet. Higher rates on credit cards, home equity loans and some mortgages will follow the Fed’s eventual pullback of the trillions it injected into the economy.
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Bernanke outlines plan for pulling in stimulus aid
Bernanke outlines plan for pulling in stimulus aid
Fed would start to tighten credit by boosting the interest rate it pays banks on money they leave at the central bank. However, any such changes would be months away.
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Bernanke confident Fed can exit from stimulus when needed
Bernanke confident Fed can exit from stimulus when needed
Federal Reserve chief Ben Bernanke offered hints Wednesday of higher interest rates as the central bank ends its massive stimulus effort but argued that an “accommodative” monetary stand is still needed to sustain a recovery.
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White House, Top Senate Republican Say Bernanke Will Keep Job
White House, Top Senate Republican Say Bernanke Will Keep Job
Jan. 25 (Bloomberg) — Ben S. Bernanke will keep his job as Federal Reserve chairman, the White House and the Senate’s senior Republican predicted two days after wavering support among some Democrats helped drive stock prices lower.
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Categories: credit meld Tags: Bernanke, House, Keep, Republican, Senate, White
Uncertainty on Bernanke vote raises economic fears
Uncertainty on Bernanke vote raises economic fears
A defeat of Federal Reserve Chairman Ben Bernanke’s quest for another four-year term could raise the risk of a “double dip” recession if political jousting over a successor were to drag on for months, economists warn.
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Categories: credit meld Tags: Bernanke, economic, fears, raises, Uncertainty, vote
McConnell Says He Expects Bernanke to Win New Term
McConnell Says He Expects Bernanke to Win New Term
Jan. 24 (Bloomberg) — Senate Republican leader Mitch McConnell said he expects Federal Reserve Chairman Ben S. Bernanke will win a second term, indicating enough Republicans will join Democrats in backing the central banker.
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Bernanke Bond Spread Most Since 2007 Shows Decoupling (Correct)
Bernanke Bond Spread Most Since 2007 Shows Decoupling (Correct)
(Corrects to show investor bet would involve selling Treasuries in 10th paragraph.) Jan. 11 (Bloomberg) — The correlation between Treasuries and German bunds that has prevailed since credit markets started freezing in 2007 is breaking down as U.S. economic growth leaves Europe behind.
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Categories: credit meld Tags: 2007, Bernanke, Bond, Correct, Decoupling, Most, Shows, Since, Spread
Bernanke Bond Premium Highest Since 2007 Shows U.S. Decoupling
Bernanke Bond Premium Highest Since 2007 Shows U.S. Decoupling
Jan. 11 (Bloomberg) — The correlation between Treasuries and German bunds that has prevailed since credit markets started freezing in 2007 is breaking down as U.S. economic growth leaves Europe behind.
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Categories: credit meld Tags: 2007, Bernanke, Bond, Decoupling, Highest, Premium, Shows, Since, U.S.