Tag Archives: Fed Chairman Ben Bernanke

The Fed Can’t Raise Interest Rates Soon

The Mortgage Corner Our Federal Reserve won’t be able to raise interest rates at all this year, or maybe even next year, says Marketwatch. Why? Because the EU Central Bank just announced they are increasing their Quantitative Easing program (QE), … Continue reading

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The Bernanke-Yellen Led US Recovery

Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading

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Yellen’s Federal Reserve To Keep Rates Low

The Mortgage Corner The Fed’s FOMC minutes of their last meeting were just released, and they show the Fed intends to keep interest rates low for as long as possible, until the unemployment rate drops substantially. And the Fed’s maintenance … Continue reading

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Fed Chair Yellen Is the Workers’ Best Friend

Financial FAQs We have just heard from new Federal Reserve Chairperson Janet Yellen in her first official speech entitled, What the Federal Reserve is Doing to Promote a Stronger Job Market. Her speech not only boosted the financial markets, but … Continue reading

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Hoorays For New Fed Chair Janet Yellen

Financial FAQs Fed Chairwoman Janet Yellen’s congressional testimony proved that she is more than qualified to steer the US economy back to health. She is the economists’ economist, in a word, willing to explain the most basic economic truths in … Continue reading

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Beware of the Taperians!

Popular Economics Weekly Now that the Fed has begun to reduce its QE3 securities’ purchases $10B per month in January, what will that do for growth? My answer is it’s too soon to say. Firstly, beware of the ‘Taperians’, those … Continue reading

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The Great Income Divergence—II

Financial FAQs Ben Bernanke is now defending his record as Fed Chairman. He shouldn’t have to, as without the Fed’s easy money policies—such as QE3—the economy would surely have plunged back into recession, as the European Union has done with … Continue reading

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