News
MSNBC | Central bank says it will stick with $600B Treasury bond-purchase program
The Federal Reserve said on Tuesday the U.S. recovery is gaining traction and inflation pressure from soaring energy costs should be short-lived, allowing it to maintain its heavy support for the economy. The U.S. central bank decided unanimously to forge ahead with its $600 billion bond-buying plan despite a considerably more upbeat assessment of the economy and the job market.
CNN Money | Fed not sweating high oil prices
The central bank acknowledged there have been significant increases in commodity prices such as oil since its last meeting, but added that it believes underlying inflation pressures remain subdued.
Bloomberg | Fed Signals Further Stimulus Unlikely as Recovery Strengthens
Federal Reserve officials signaled they’re unlikely to expand a $600-billion bond purchase plan as the recovery picks up steam and the threat that inflation will fall too low begins to wane.
Time | Can the Euro Zone's New Rules Cure Its Ills?
It has been more than a year since financial markets began buffeting the euro and threatening its very viability, yet Europe is still battling to fix the system and restore confidence in the single currency.
