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US Fed expected to keep interest rates at record low today

As uncertainty surrounds the world’s largest economy, investors are awaiting the outcome of the Federal Reserve’s policy meeting today. The US Fed is set to announce its decision on interest rates and other stimulus measures. Interest rates in the...

Published 08-10-2010 2:28 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, quantitative easing, interest rates, Federal Reserve, US, Ben Bernanke, unemployment, housing market, fears, recovery, investors, stimulus measures, monetary policy, await, outcome, double-dip” recession
Federal Reserve chairman pledges low interest rates for long-term

Chairman of the Federal Reserve Ben Bernanke has today said US interest rates will need to stay low in order to keep the economic recovery on track. In a testimony before Congress, Bernanke said there was a “nascent economic recovery” and...

Published 02-24-2010 6:01 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, inflation, interest rates, Federal Reserve, US, Ben Bernanke, fall, Property News, central bank, unemployment, sales, low, recovery, new homes, consumer confidence, pledge, extended period, nascent, long-term
Fed keeps interest rates at record low level

The Federal Reserve yesterday opted to keep US interest rates at the historically low level of between 0% and 0.25%, as widely expected. The Fed acknowledged that the economy is strengthening and said it will keep rates “exceptionally low” for “an extended...

Published 12-17-2009 8:26 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, inflation, interest rates, Federal Reserve, US, Ben Bernanke, recovery, on hold, housing starts, low level
US housing starts rise in August

The US economy has received a further boost after the Commerce Department revealed a rise in housing starts for the month of August. According to the Commerce Department, construction of new US homes rose 1.5% in August to an annual rate of 598,000 properties...

Published 09-18-2009 11:22 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, recession, US, Ben Bernanke, Property News, rise, Commerce Department, recovery, applications, emerging, housing starts, August, building, permits
Ben Bernanke nominated for further four-year term

US President Barack Obama has confirmed that Ben Bernanke has been nominated for a second term as chairman of the US central bank - the Federal Reserve. Mr Obama took a break from his summer vacation to make the announcement and said “Mr Bernanke had...

Published 08-25-2009 6:20 PM by Finance Markets: Finance News - UK Personal Financial News & Financial Markets

Filed under: All Financial News, Economy News, Federal Reserve, Ben Bernanke, Barack Obama, recovery, four year, nominated, tenure, credited, term, US president
Fed statement boosts stock markets

Federal Reserve chairman Ben Bernanke said today the prospects for economic recovery “appear good” and sent global stock markets higher. The Dow Jones index gained 1%, London’s FTSE 100 index climbed 2% to close at 4,850.89. Germany’s Dax index...

Published 08-21-2009 6:34 PM by Finance Markets: Finance News - UK Personal Financial News & Financial Markets

Filed under: All Financial News, Economy News, Federal Reserve, US, Ben Bernanke, speech, rise, recovery, Chairman, stock markets, upbeat, prospects, good, home sales
US shares rise as fewer jobs axed in private sector

Figures released by ADP Employer Services have revealed that fewer jobs were lost in the private sector in April in the US. The news was welcomed on the stock markets with the Dow Jones industrial average up by 76.14 points to 8,486.79 in early trading...

Published 05-06-2009 7:20 PM by Finance Markets: Finance News - UK Personal Financial News & Financial Markets

Filed under: All Financial News, Economy News, US, Ben Bernanke, unemployment, Jobs, recovery, private sector, stock markets, ADP Employer Services, axed, less
US housing stats knock back Obama’s hopes of a recovery

US President Barack Obama suggested earlier this week that the US economy is seeing signs of progress. However, his optimism may have been quashed after figures show that the number of US citizens losing their homes soared by 44% in March. Furthermore...

Published 04-16-2009 11:39 AM by Finance Markets: Finance News - UK Personal Financial News & Financial Markets

Filed under: All Financial News, Economy News, Federal Reserve, US, Ben Bernanke, Barack Obama, deflation, recovery, Biege Book, consumer prices, depressed, housing stats, threat
US President suggests signs of recovery but retail sales fall

Barack Obama has suggested that the US economy is seeing signs of progress but has stressed that times are still challenging. The President, who was delivering his latest economic speech at Georgetown University, said that this year will still be tough...

Published 04-14-2009 6:29 PM by Finance Markets: Finance News - UK Personal Financial News & Financial Markets

Filed under: All Financial News, Economy News, recession, US, Ben Bernanke, fall, unemployment, Barack Obama, retail sales, Commerce Department, recovery, easing

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