NEW YORK (AP) — Stocks are erasing their gains after rallying all day on hopes the Federal Reserve would take steps to stimulate the economy.Many analysts believe the Fed will announce a new stimulus plan at the end of a two-day policy meeting Wednes…
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All About Stock MarketTag Archive | "federal reserve"
Stocks close mixed as traders await Fed decision
Posted on 21 September 2011.
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Stocks gain broadly after Bernanke speech
Posted on 27 August 2011.
Stocks are closing higher after Federal Reserve Chairman Ben Bernanke said the U.S. is headed for long-term economic growth.Bernanke did not announce any new economic stimulus measures during his speech, as some investors had hoped. He left open the po…
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Stocks fall after Bernanke offers no stimulus
Posted on 26 August 2011.
Stocks are falling in morning trading after Federal Reserve Chairman Ben Bernanke offered no new steps to stimulate the U.S. economy.Hopes had been building on Wall Street for some kind of announcement from Bernanke of additional steps to get the econo…
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Stocks Surrender Advance As Traders Eye Bernanke
Posted on 23 August 2011.
Stocks were undecided but still holding onto gains on optimism over the upcoming Federal Reserve meeting on Friday. Heading into the last hour of trading, the Dow was up just over 1%, the Nasdaq was up 0.8% and the S&P 500 was up 0.6%.
Investors s…
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St.Louis Fed’s Waller: probability of easing pretty high (Reuters)
Posted on 23 October 2010.
Reuters – The probability that the Federal Reserve will provide monetary easing at its November meeting is quite high, a top adviser for the St. Louis Federal Reserve said on Friday.
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Fed to keep zero rates until inflation hits 2 percent: Citi (Reuters)
Posted on 23 October 2010.
Reuters – The Federal Reserve will likely hold its policy rate target near zero until core inflation rises to at least 2 percent, analysts at Citigroup said on Friday.
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Gas prices unlikely to budge before Fed decision (AP)
Posted on 22 October 2010.
AP – Motorists probably won’t see gas pump prices budge much from their recent highs until the Federal Reserve decides next month whether it needs to take steps to stimulate the economy. After that, they could start falling.
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Oil rises to near $81 as traders mull Fed moves (AP)
Posted on 22 October 2010.
AP – Oil prices rose to near $81 a barrel Friday in Asia, rebounding slightly from the previous session’s steep drop, as traders mull the possible effects of anticipated moves by the U.S. Federal Reserve to spur economic growth.
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Fed officials at odds on further easing (Reuters)
Posted on 22 October 2010.
Reuters – Two top U.S. Federal Reserve officials gave competing views on the need for more monetary stimulus to the U.S. economy, continuing a public debate over further easing even as the core view at the U.S. central bank appears to favor such a move.
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Dollar rebounds, stocks edge up ahead of G20
Posted on 22 October 2010.
NEW YORK (Reuters) – The dollar rebounded from earlier losses in volatile trade on Thursday amid questions about the extent of the Federal Reserve’s economic stimulus measures, while world stocks edged higher in tandem with the U.S. currency’s turnabout.
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