Here's an important point that's inspired by a few tweets from our friend Josh Brown. In announcing the beginning of the reduction of Quantitative Easing — which Bernanke just did — he just slapped in the face all of the ... FULL ARTICLE AT The Business Insider
The Federal Open Market Committee just announced the first reduction (a.k.a. "tapering") of the pace of monthly bond purchases the Federal Reserve makes under its quantitative easing program known as QE3. This comes as a bit of a ... FULL ARTICLE AT The Business Insider
The Federal Reserve announced plans to cut its monthly bond purchases to $75 billion from $85 billion, taking its first step toward unwinding the unprecedented stimulus that Chairman Ben S. Bernanke put in place to help the economy recover from ... FULL ARTICLE AT The Kansas City Star
The Federal Open Market Committee just finished what is very likely its last or next to last real decision-making meeting under Ben Bernanke. The long and short of the matter is that Tapering has... FULL ARTICLE AT Wall Street 24/7
Ben Bernanke appears Wednesday in his last press conference as Federal Resrve Chairman.
Here are several quotes from his speeches and writings over the years.
- If you want to understand geology, study earthquakes. If you want to understand the economy ... FULL ARTICLE AT International Business Times
The December FOMC decision is out. The Fed will taper asset purchases to a monthly rate of $75 billion from the current $85 billion pace. Half of the reduction is in Treasury purchases and half of the reduction is in ... FULL ARTICLE AT The Business Insider
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Ben Shalom Bernanke (pronounced \ber-NAN-kee\, \bər-'nan-kē\ or \bɚ.ˈnæn.ki\) (born December 13, 1953) is the Chairman of the Board of Governors of the United States Federal Reserve. Bernanke succeeded Alan Greenspan on February 1, 2006. He is ranked 4th most powerful person in the world in an annual ranking by Newsweek.
Born in Augusta, Georgia, Bernanke was raised in a ranch house on East... Full Article At Wikipedia.org