Federal Reserve

May 22, 2013 | Blog Paper Press Release

Chairman Bernanke Testifies Before the Joint Economic Committee

This morning, Federal Reserve Chairman Ben Bernanke testified before the Joint Economic Committee regarding the current economic climate. He...
Jan 11, 2013 | Blog Paper Press Release

Federal Reserve Makes $88.9 Billion in Profit

Yesterday, the Federal Reserve announced in a preliminary estimate that it had made a profit in 2012 and transferred $88.9 billion to the Treasury....

QE 3.1: The Fed Gets Specific

In September, the Federal Open Market Committee (FOMC) announced a third round of quantitative easing, consisting of purchases of mortgage-backed...
Sep 13, 2012 | Blog Paper Press Release

QE3 Is on the Way

After months of speculation and anticipation, the Federal Open Market Committee decided to undertake a third round of quantitative easing. The...

Bernanke Once Again Warns Congress on the Fiscal Cliff

Federal Reserve Chairman Ben Bernanke addressed Senate Finance Committee on Tuesday and the House Finance Committee yesterday with more warnings...

Chairman Bernanke Addresses the Fiscal Cliff

Federal Reserve chairman Ben Bernanke held a press conference yesterday following the conclusion of the Federal Open Market Committee meeting....

Bernanke 'Supportive of Going Big'

Supporters of enacting a comprehensive deficit reduction plan got a boost yesterday from Federal Reserve Chairman Ben Bernanke. At a hearing with the...
Jan 11, 2012 | Blog Paper Press Release

Federal Reserve Sends $77 Billion in Profits to Treasury

Yesterday, in the preliminary assessment of its 2011 balance sheet, the Federal Reserve reported that it would be sending $77 billion in 2011 profits...
Sep 22, 2011 | Blog Paper Press Release

The Federal Reserve Does 'The Twist'

The Federal Reserve's much anticipated statement came yesterday after two days of FOMC meetings, the Fed's policymaking group. As expected, they...

A Roller Coaster Ride in Financial Markets

Who needs amusement parks when you can watch the volatility that is the stock market? Just a day after the Dow Jones posted its biggest one-day loss...

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