Stories Related to Saying Recovery Has Slowed, Fed To Buy U.s. Debt

By SEWELL CHAN, New York Times
Tue, 08/10/2010 - 11:34am

The Federal Reserve board said that it would use the proceeds from its huge mortgage-bond portfolio to buy long-term Treasury securities.

Sections: news u.s. politics

US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More

BING NEWS:

Waiting for a Fed rate cut to buy stocks may be a mistake (again)
" Ultimately, the stock market is uninhibited by a pause (and will continue looking forward to cuts). And this morning’s data further strengthens the case that the Fed’s next move will be a cut ...
06/13/2024 - 4:03 pm | View Link
U.S. Fed Holds Steady On Rates, Signals One Cut This Year
Ochieng, Senior Economist with TD, speaks with MoneyTalk’s Anthony Okolie about the state of the U.S. economy and the implications for Fed monetary policy going forward.
06/13/2024 - 5:05 am | View Link
Live Updates: Fed Keeps Rates Steady and Forecasts Only One Cut This Year
Consumer prices rose 3.3 percent in the year through May, a deceleration in inflation that Federal Reserve officials will consider as they set interest rates.
06/12/2024 - 9:05 am | View Link
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
06/12/2024 - 8:50 am | View Link
Fed holds interest rates steady at 23-year high
At six consecutive meetings spanning nearly a year, the Fed has opted to hold rates steady in response to elevated inflation and robust economic performance. Economists expect the Fed to continue that ...
06/12/2024 - 7:23 am | View Link
More

Comment On This Story