All Posts Tagged With: "Federal Reserve Bank"
Newly released transcripts show that Federal Reserve officials, including the Chairman Ben Bernanke, largely overlooked the financial crisis in 2007 as it hurtled its way toward the economy in the U.S. like a runaway freight train. Even while officials at the Federal Reserve were worrying about the financial markets and more and more evidence was [...]
Mitt Romney the Republican presidential candidate says the economy in the U.S. needs more dramatic measures taken to help return from the depths of a deep recession. However, he says the country does not need another stimulus package from the federal government. Romney said he could now make the case for placing dramatic measures, but [...]
President Barack Obama is criticized for high gasoline prices and he tried to blame Congress, energy traders and Republicans for it. He said he wants to enact a legislation that would place more protection to crack down on possible manipulation of the oil market. President Obama asked Congress for more funds for regulators and increase [...]