ben bernanke

What's In The News: May 12, 2011

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This is what's in the news for Thursday, May 12th. Reuters reports that AIG (AIG) and the Treasury Department said they will sell about $9B in AIG stock, but sources familiar with the situation said the Treasury would pull the sal

By FNNO Staff
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Bernanke Calls For More Lending In Poor Neighborhoods

Published on Fri, 04/29/2011 - 14:50
By FNNO Staff in General Interest, analysis, ben bernanke, business, economy, federal reserve, financial, market, news, recession, stock, trading, News Update

Bernanke, speaking at a conference on community development in Arlington, Virginia, said many of the country's poorest communities had been struggling before the downturn, and things have only gotten worse.

The "Great Recession" officially ended almost two years ago, and the national economy is growing at a moderate pace, but for many poor and working-class Americans the current economic climate f

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Federal Reserve Chairman Ben Bernanke called for more lending to small businesses and people in lower-income neighborhoods on Friday, saying they'd been hurt disproportionally by the recession.

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Fed Lowers 2011 GDP Growth Estimate, Raises Core Inflation Expectation

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The US Federal Reserve on Wednesday lowered its expected rate of growth for the US economy in 2011, citing a slower pace than anticipated for the start of the year. In an unprecedented press conference after a meeting of the Fed'

By FNNO Staff
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What's In The News: April 6, 2011

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This is what's in the news for Wednesday, April 6th. Bloomberg reports that Fed Chairman Bernanke may have to overcome divisions among the central bank’s 17 governors and regional bank presidents if he seeks to maintain the stim

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Visa, MasterCard Rise; Feds to Miss Deadline for Debit-Card

Published on Wed, 03/30/2011 - 14:55
By FNNO Staff in analysis, ben bernanke, business, federal chairman, financial, ma, market, mastercard, news, stock, trading, visa
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By FNNO Staff
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Fed Chairman Ben Bernanke Will Hold Press Briefings Four Times A Year

Published on Thu, 03/24/2011 - 16:14
By FNNO Staff in General Interest, analysis, ben bernanke, business, federal reserve, financial, fomc, market, news, stock, trading, News Update

The central bank has been considering a move like that since last year. The press briefings will be held at 2:15 PM following FOMC decisions on April 27, June 22 and November 2. The FOMC statement is expected to be released at 12:

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Federal Reserve Chairman Ben Bernanke will hold press briefings four times a year, according to the central bank, which establishes a new tradition.

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Morning Market Snapshot: March 23, 2011

In the headlines this morning, the aftermath of the Japanese earthquake and the situation at the Fukushima Daiichi nuclear plant also continued to worry investors after reports of higher-than-allowed levels of radioactive iodine i

Federal Reserve Chairman Ben Bernanke is scheduled to deliver a speech at the Independent Community Bankers of America National Convention at midday.

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U.S equity futures are set to open relatively flat. Overseas, the Asian markets declined, while the European markets were also lower.

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What To Watch: March 15th, 2011

analysis, ben bernanke, business, economic data, empire manufacturing, federal reserve, financial, fomc rate decision, market, news, stock, trading

On Tuesday, March 15th, there are no notable earnings reports, but expect economic data on Empire Manufacturing at 8:30AM ET and the FOMC Rate Decision at 2:15PM ET.

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Latin American Shares Slip Amid Inflation Worries

Published on Wed, 02/09/2011 - 14:38
By FNNO Staff in General Interest, analysis, ben bernanke, brazil, business, financial, latin american, market, news, oil, stock, trading, Market Highlights

Fed Chairman Ben Bernanke said inflation in the United States remain "quite low," according to AP. However, that did little to quell fears, especially after China's rate hike this week to help keep inflation there in check.

In Brazil, the government this week is reviewing its 2011 budget with a view toward possible spending cuts, the Wall Street Journal reports. The cuts are considered necessary to hold back inflation, which has been rising in recent

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Latin American stocks are lower amid inflation fears around the globe.

By FNNO Staff
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Stocks Open Lower Ahead of Fed Chief's Testimony

analysis, ben bernanke, business, cisco systems, csco, dis, disney, financial, genz, genzyme, market, news, stock, take-two interactive, trading, ttwo, wells fargo, wfc

Stocks open lower ahead of testimony from Federal Reserve Board Chairman Ben Bernanke at the House Budget Committee at 10 a.m. ET today. Asian markets declined a day after another interest rate hike from China. Europe is trading m

By FNNO Staff
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