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Fed Chairman Dampens Upbeat Thoughts On Economy

Federal Reserve Chairman Ben Bernanke will not offer QE3 to help the economy. March 1, 2012- On Wednesday, Ben Bernanke the Chairman of the Federal Reserve, warned the U.S. Congress that unless the growth in the economy speeds up, high unemployment would not continue to fall. However, he did not mention any further help from the Fed through bond purchases. Bernanke said, “The jobs market is nowhere near normal.” He added, “Additional improvement will require better growth in production due... 

Federal Reserve To Provide Forecasts

The privately held Federal Reserve is attempting to give some information to investors. January 3, 2012- The Federal Reserve announced it would provide forecasts for shifts in key interest rates. Each quarter the central bank will reveal when there are plans to change the key short-term benchmark rates. This new strategy by the Fed is an attempt to help stimulate the economy and lessen the volatility in the stock market.  The projections, that start this month, should help offer a tentative road... 
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