News
Bloomberg | Fed Faces Explaining Billion-Dollar Losses in QE Exit Stress
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
National Journal | Could Bernanke's Testimony Signal an Early End to Easy Money?
Folks from Wall Street to Washington are hoping for a better sense this week of when the central bank’s latest unemployment-fighting program, an open-ended round of bond-buying known as QE3, will come to an end.
Market Watch | Fed's Lockhart backs QE at least into second half
The Federal Reserve should stick with its current $85 billion per month bond-buying program, at least into the second half of the year, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank, on Monday.