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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Toyoda Will Skip Testifying Before U.S. Congress (Update1)
Toyoda Will Skip Testifying Before U.S. Congress (Update1)
Feb. 17 (Bloomberg) — Toyota Motor Corp. President Akio Toyoda plans to skip testifying before the U.S. Congress about the company’s recalls, potentially heightening criticism of his handling of the carmaker’s crisis.
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Categories: credit meld Tags: BEFORE, Congress, Skip, Testifying, Toyoda, U.S., Update1
Caving to Congress Creeps Into Market Views on Obama (Update2)
Caving to Congress Creeps Into Market Views on Obama (Update2)
Feb. 16 (Bloomberg) — President Barack Obama may be heading for a clash with the bond vigilantes who plagued Bill Clinton , the last Democratic president.
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Plan to cut mortgage principal pitched to Congress
Plan to cut mortgage principal pitched to Congress
A group of influential mortgage investors is intensifying efforts to encourage a new phase to U.S. housing stability plans that would give homeowners ability and incentive to pay their loans.
Read more on Reuters via Yahoo! News