Wed, Jun 24th, 2009
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June 25 (Bloomberg) -- Federal Reserve officials,encouraged by signs the recession is easing, doused speculationthey will pump more money into the economy to hold down interestrates, while indicating they’re not ready to begin a retreat.
Fed policy makers voted yesterday to maintain the size andpace of their $1.75 trillion program to buy mortgage debt andTreasuries. The central bank said it sees a “gradual resumptionof sustainable” growth even as “substantial” economic slackholds down inflation pressures.
Related stories from top sites:
Crude oil prices follow stock markets down
Jun 24th, 2009 - Boston.com
NEW YORK—Crude oil prices followed stock markets lower on Friday as a wave of speculative buyers looked for direction after the Federal Reserve said the struggling economy would hold back inflation this year. During the past few months...
FOREX-Swiss franc shaky, dollar steadies after Fed
Jun 24th, 2009 - Reuters
* Swiss franc under pressure again * Euro retreats from 2-week high after ECB tender * Euro zone industrial new orders plunges in April LONDON, June 25 (Reuters) - The...
European markets down as Fed enthusiasm wanes
Jun 24th, 2009 - Salon.com
Jun 25th, 2009 | LONDON -- European stock markets fell modestly Thursday as early enthusiasm over the U.S. Federal Reserve's latest policy statement dissipated amid concerns that borrowing costs may rise sooner than many investors were predicting.
World stocks slip after Fed cautions
Jun 24th, 2009 - Reuters
LONDON (Reuters) - World stocks slipped on Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding to concerns about the sustainability of a recent recovery.
Fed stands firm on interest rate
Jun 24th, 2009 - Boston.com
WASHINGTON - The Federal Reserve signaled yesterday that the weak economy will probably keep prices in check, despite growing concerns that the trillions of dollars it is pumping into the financial system will ignite inflation.
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Related stories from Digg:
Dollar Advances Against Euro on Fed Rate Outlook, Oil's Decl
The dollar touched the highest in almost seven weeks versus the euro on speculation Federal Reserve policy makers will highlight concern that inflation needs to be contained while leaving interest rates unchanged. (Business & Finance)
MollyDoisneauTue, Aug 5th, 20082 Diggs, 0 Comments
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