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...government obligation is a dangerous gamble."Mr. Elmendorf's comments were reinforced with warnings from Federal Reserve Board Chairman Ben Bernanke. Speaking to a conference organized by the Committee for Responsible Federal Budget, Mr...
...26, 2010 Putting the lame in lame duck Congress should put its own house in order before worrying about the Federal Reserve Board With no budget for fiscal 2011, no continuing resolution to fund the government past Dec. 3 and no action on...
...buoyed in part by a U.S. government employment report that eased fears of a further interest-rate hike by the Federal Reserve Board. On Wall Street, it was another day, another record for the NASDAQ. More remarkable was that Friday's rally...
...That urgency has quickened in the face of rising short-term interest rates, which have been lifted by the Federal Reserve Board in its bid to slow the U.S. economy's robust expansion and thus keep higher inflation at bay. The economy's...
...are in their busiest season and the federal government is on a mission to slow the pace of economic growth. The Federal Reserve Board adopted a more aggressive stature against inflation Tuesday to push short-term interest rates up by a half-percentage...
...Traders will also be watching for May U.S. unemployment data, due out on Friday, for an indication of the Federal Reserve Board's stance on interest rates. The central bank recently raised U.S. interest rates for a sixth time in less...
...the portrait and on the back of notes is hard to duplicate, the Federal Reserve stated. And the Treasury and Federal Reserve Board noted they have worked on an extensive public education effort to encourage people on both ends of financial exchanges...
...to be any higher than it already is, experts said Monday. Probably, anyway. If the experts are right, the Federal Reserve Board is expected to leave short-term interest rates unchanged, at 6.5 percent, when it winds up two days of meetings...
...that the Federal Reserve will leave interest rates alone for the time being. ''There are those who feel the Federal Reserve Board may have done its job -- for now,'' said Alan Ackerman, senior vice president at Fahnestock & Co. All of...
...reported less-than-stellar earnings. But all was forgotten on Thursday when IBM reported solid earnings and Federal Reserve Board Chairman Alan Greenspan made encouraging comments that suggested the Fed's policy of raising interest rates to...