News
Bloomberg | Bernanke Signals Fed Target Rate to Stay Low After QE
Federal Reserve Chairman Ben S. Bernanke said the Fed will probably hold down its target interest rate long after ending $85 billion in monthly bond buying, and possibly after unemployment falls below 6.5 percent.
National Journal | Bernanke: 'Significant Progress' on Openness
One of Ben Bernanke's goals when he became chairman of the Federal Reserve was to make the historically secretive central bank more transparent. The hope was that the economy would reap the benefits.
Bloomberg | Consumer Prices in U.S. Decline for First Time in Six Months
The cost of living in the U.S. declined in October for the first time in six months, showing inflation remains below the Federal Reserve’s goal.
Econ Comments & Analysis
Bloomberg | Evans Says Bond Buying May Total More Than $1.5 Trillion
Federal Reserve Bank of Chicago President Charles Evans, a voter on policy this year, said the Fed may buy a total of $1.5 trillion in bonds in a program that started in January 2013 to ensure steady employment gains.
