The central bank says the disclosures cover more than 21,000 individual transactions done to “restore the flow of credit to American families and businesses, and support economic recovery and job creation in the aftermath of th…
Republican members of Congress on Wednesday sent a letter to Federal Reserve Chairman Ben Bernanke criticizing QE2, the qualitative-easing program to buy $600 billion in bonds in an effort to spur the U.S. economy.
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A group of Republican economists aren’t keen on the Fed’s decision to buy $600 billion in bonds in an effort to spur the U.S. economy. They charge that the aggressive strategy — championed by Fed Chairman Ben Bernanke — could…
The Federal Reserve bought $7.3 billion worth of U.S. Treasuries Friday as it started a second round of quantitative easing meant to stimulate the nation’s economy, media reports indicate. The QE2 plan, designed to boost job cr…
As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed’s $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are inst…