Bank of America has told U.S. regulators that it has met the final condition that was set on its plan to exit the government’s Troubled Asset Relief Program. BofA, which repaid $45 billion in TARP funds in December 2009, needed…
The former Fed chief told CNBC Friday that the Fed’s policy to boost liquidity is helping stock values. “I think we are underestimating. . .how important asset prices, very specifically equity prices, are not only to shareholde…
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…
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…
A recent Fed working paper happily points out that even as other sources of municipal tax revenue have plummeted, property taxes have held fairly steady, and the authors expect that to continue. Unfortunately, their optimistic …