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Monday 29 May 2023 Dublin: 9°C

# US Federal Reserve

Last year
2022
# United States
US recession not 'inevitable,' Treasury secretary says
Soaring inflation and supply-chain issues have increased pessimism.
All time
# US Federal Reserve
The Fed, the Senate and stimulus: How might the election shape American responses to the economic crisis?
The results of this week’s election may further complicate the American response to the economic crisis.
# you're hired
Obama names Janet Yellen as new chairman of US Federal Reserve
If confirmed by the Senate, Yellen would be the first woman to head a major central bank anywhere in the world.
# Federal Reserve
Family defend Bangladeshi man arrested for NY bomb plot
The suspect’s father said he spent all of his savings to send him to America to study so he would have a better chance at life.
# The Fed
US Federal Reserve announces plan to buy more debt to boost economy
Analysts were not surprised by the move which essentially amounts to so-called quantitative easing.
# The Daily Fix
The Daily Fix: Monday
The battle for Tripoli rages on, the bishop of Cloyne breaks his silence, Ireland’s latest viral sensation and… can we turn light bulbs into wifi routers?
# Emergency Lending
US Fed gave Irish banks €8bn in emergency loans
Data compiled by Bloomberg shows that Ireland’s banks got emergency loans from the US while being capitalised back home.
# Markets
Early morning gains pared in European markets
Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.
# Stimulus
Bernanke: Fed would supply more stimulus if needed
Ben Bernanke’s reassurances helped drive stock prices higher, but it also underscored the fragile state of the economy more than two years after economists said the recession had ended.
# Obama
US Fed Reserve chief calls on Congress to raise debt ceiling
Ben Bernanke warned that America’s huge federal budget deficit would have to be reduced, but didn’t indicate whether he supported taxation or spending cuts.
# Euro Crisis
ECB expected to announce new debt-crisis measures
Speculation is growing that the European Central Bank may increase its bond-buying programme in an attempt to fortify the eurozone.
# Bond Markets
QE2: Fed announces $600bn second round of quantitative easing
The American central bank announces it will buy back $600bn of outstanding US bonds to lift the cash supply.
# Dollar
US keeps making coins people won't use
Some people just don’t like change.