China reported much higher-than-expected inflation in October as a jump in food costs drove its CPI to a 25-month high. The government will surely try again to further slow economic growth and reach its economic targets.
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After initially voting for the QE2 plan, Federal Reserve Governor Kevin Warsh said in a speech Monday that the government’s decision to buy $600 million worth of bonds to spur the economy is a bad idea.
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Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke’s decision to pump billions of dollars into the economy, saying the move will boost economic growth.
The Fed’s plan to buy $600 billion of assets will improve growth and red…
Some experts say a power split in Washington is just what investors need. Others argue that the results of the past 61 years don’t bear that out. Maybe, it’s really the Fed’s monetary policy that really dictates which direction…
U.S. Federal Reserve today launched the second phase of its quantitative easing program, the so-called QE2, saying it will buy up to $600 billion more in long-term U.S. Treasury bonds to help stimulate a U.S. economy that’s gro…