by | Dec 15, 2010 | Towing
Some investment strategists say it’s unwise to “fight the Fed.” And right now, Chairman Bernanke wants investors to move into riskier assets, particularly stocks. But these strategists also point to pitfalls if investors aren’t…
by | Dec 14, 2010 | Towing
For the 22nd-straight month, the central bank kept its target interest rate at 0% to 0.25%. It made no new asset purchases and no changes to QE2, its $600 billion, eight-month bond-buying program. Housing and hiring are two mai…
by | Dec 14, 2010 | Towing
Led by a jump in energy, producer prices rose 0.8% in November — a gain that suggests policymakers may be winning their battle to avoid deflation. It’s the straight monthly rise. However, minus energy and food increases, infla…
by | Dec 14, 2010 | Towing
The Federal Reserve is widely expected to make no changes to interest rates or its bond-buying program. One reason the Fed may not have to act is that President Obama’s tax deal will provide the economy with a boost the Fed had…
by | Dec 13, 2010 | Towing
Republican Ron Paul is going to have a great time making the Federal Reserve miserable once he takes over as chair of the House subcommittee that overseas it. But he’s off-target in at least seven points of criticism he levels …